The income statement, balance sheets, and additional information for Video Phones, Inc, are provided. Additional Information for 2021 : 1. Purchase investment in bonds for $113,000. 2. Sell land costing $38,000 for only $29,200, resulting in a $8,800 loss an sale of land. 3. Purchase $68,000 in equipment by issuing a $68,000 long-term note payable to the sellec. No cash is exchanged 4. Declare and pay a cash dividend of $29,000. Required: Prepare the statement of cash flows using the inclirect method. Disclose any noncash transactions in an accompanying outflows and any decrease in cash as negative amounts.) Required: Prepare the statement of cash flows using the incirect method, Disclose any noncash transactions in an accompar outflows and any decrease in cash as negative amounts.)