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The income statement, balance sheets, and additional Information for Video Phones, Inc, are provided. mudruonal Information for 2021 : 1. Purchase investment in bonds for

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The income statement, balance sheets, and additional Information for Video Phones, Inc, are provided. mudruonal Information for 2021 : 1. Purchase investment in bonds for $107,000 2. Sell land costing $32.000 for only $23.800, resulting in a $8.200 loss on sale of land. 3. Purchase $62,000 in equipment by issuing a $62,000 long-term note payable to the seller No cash is exchanged In the transaction. Required: Prepare the statement of cash flows using the indirect method. Disclose any noncash transactions in an accompanying

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