Chapter 13 Prectice Problem $2 Instructions: Use the Financid Statements to creste a Stetement of Cash Flows far the Year Ended December 31, 2019 Adtifianal Information: 1) A lees of \$50,000 wes pecorced for the sole of long-term investments. 2) Cash received frum the sale of lerg-ter m investatents was $150,000, 3) Cash used to purchesz land was $2,390000. 4) Cosh used to purchese equpment was $1,280,000. 5) Dividends declared were $80,000. 6) Cash received from the issuance of notes payable was $412,550. 7] The compamy issued additional comman stocic. Chapter 13 Practice Preblem \#2