the question is complete

the question is complete (:

Saved Additional Information for 2021: 1. Purchase additional investment in stocks for $83.000. 2. Sell land costing $49,000 for $53,000, resulting in a $4,000 gain on sale of land. 3. Purchase $18,000 in equipment by Issuing a $18,000 long-term note payable to the seller. No cash is exchanged in the transaction 4. Declare and pay a cash dividend of $108.000. 5. Issue common stock for $48,000. Required: Prepare the statement of cash flows using the indirect method. Disclose any noncash transactions in an accompanying note. (List cash outflows and any decrease in cash as negative amounts.) $ 2 304,000 VIRTUAL GAMING SYSTEMS Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Activities Net income Adjustments to reconcile net income to net cash flows from operating activities Gain (on sale of land) Depreciation expense Increase in interest payable Decrease in prepaid rent Increase in inventory Decrease in income tax payable Decrease in accounts receivable Decrease in accounts Davable 21,000 (400)