The Income statement, balance sheets, and additional Information for Video Phones, Incorporated, are provided.

Additional Information for $2024$:

Purehased investment in bonds for $$115,000.$

$2$ Sold land for $$31,000.$ The land originally was purchased for $$40,000,$ resulting in a $$9,000$ loss beling recorded at the time of the Sale

$3$ purchased $70,000$ in equipment by issuing a $$70,000$ long$-$term note payable to the seller. No cash was exchanged in the transaction.

$4$ declared and paid a cash dividend of $$30,000$

Prepare the statement of cash flows, using the indirect method disclose any non$-$cash transactions in an accompanying note. $($amounts to be deducted cash flows, and any decrease in cash should be indecated with a minus sigh.$)$