The income statement, bolsnce sheets, snd sdditionsl Infiarmation for Video Phanes, Incorporeted, sre provided. Additional Information for 2024 : 2. Purchased investment in bands for $112000 2 Sold land far $27,400. The land arlgingly wes purchesed for $36,000, resuting in s $6,600 loss being recorded st the time of the ssie. 3. Purchssed $66,000 in equipment by lasuing a $66,000 longterm nate psysble to the seller. No cesh wss exchenged in the trensection. 4. Deciared and poid a cash dividend af $28,000. Required: Prepsre the ststement of cssh flows using the Indivect method. Disclase any nancash transactions in sn sccompsnying note. (Amounts to be deducted, cash outilows, and any decrease in cash should be indicated with a minus sign.]