Calculate the following items for the statement of cash flows:

a. Beginning and ending Plant Assets, Net, were $101,000 and $98,000, respectively.

Depreciation for the period was $20,000, and purchases of new plant assets were $38,000. Plant assets were sold at a loss of $3,000. What were the cash proceeds of the sale?

b. Beginning and ending Retained Earnings were $46,000 and $70,000, respectively. Net income for the period was $63,000, and stock dividends were $15,000. How much were the cash dividends?