The income statement, balance sheets, and additional information for Video Phones, Inc., are provided. Additional Information for 2021: 1. Purchase investment in bonds for $102,000. 2. Sell land costing $27,000 for only $19,300, resulting in a $7,700 loss on sale of land. 3. Purchase $57,000 in equipment by issuing a $57,000 long-term note payable to the seller. No cash is exchanged in the transaction. 4. Declare and pay a cash dividend of $23,500. Required: Prepare the statement of cash flows for Video Phones, Inc., using the direct method. Disclose any noncash transactions in an accompanying note. (List cash outflows and any decrease in cash as negative amounts.) Answer is not complete. VIDEO PHONES, INC. Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Activities