The income ststement, bolance sheets, and sdditionsi Informetion for Virtus$|$ Gaming Systems are provided.

vLRTLAL CANTVG SYSTEVS

Incone Statomont.

For the Year Endod Docentoer $31,2621$

Wet sales

Galn on sale of lind

Total mencones

Emponsos:

Cost of goods sold

Oporating experisers

Deprociation emponse

Intervist exponse

Incone tax empinse

Total exponses

wot fncons:

Additional Information for $2021$:

L$.$ Purchase sdditanal investment in stocks for $$77,000$

$2$ Sell lend costing $$45,000$ for $$52,000,$ resulting in $8$$$5,000$ gain an sole of land.

Purchase $$12,000$ in equlpment by lasuling $8$$$12,000$ langterm nate poysble to the seler No cssh is exchanged in the transaction.

$4$ Declare snd psy s cssh dividend of $$102,000.$

lasue common stock for $$42000.$

Required:

accomponyling note. $($List cosh outflows and any decresse in cssh as negatlive amounts.$)$