Additional Information for the Cash Flow Statement:

$1)$ Cash received from the sale of investments was $$2,500,000$

$2)$ Cash used to purchase new equipment was $$3,145,210$

$3)$ Cash used to purchase new machine was $$220,000$

$4)$ Cash received from the sale of equipment was $$1,930,420$

$5)$ Cash used to purchase land was $$8,000,000$

$6)$ Dividends declared were $$275,000$

$7)$ Cash used to pay down note payable was $$300,000$

$8)$ The company issued additional shares of common stock