The income statement, balance sheets, and additional information for Video Phones, Incorporated, are provided. Additional Information for 2024: 1. Purchased investment in bonds for $107,000. 2. Sold land for $23,800. The land originally was purchased for $32,000, resulting in a $8,200 loss being recorded at the time of the sale. 3. Purchased $62,000 in equipment by issuing a $62,000 long-term note payable to the seller. No cash was exchanged in the transaction. 4. Deciared and paid a cash dividend of $26,000. Required: Prepare the statement of cash flows using the indirect method. Disclose any noncash transactions in an accompanying note. (Amounts to be deducted, cash outflows, and any decrease in cash should be indicated with a minus sign.) \begin{tabular}{|l|l|l|} \hline \multicolumn{1}{|c|}{ Net cash flows from finanoing activities } & \\ \hline & \\ \hline Cash at the beginning of the period & \\ \hline Cash at the end of the poriod & \\ \hline Note: Noncash Activities & \\ \hline & \\ \hline \end{tabular}