Current Attempt in Progress

A comparative statement of financial position for Monty Industries Inc. follows:

MONTY INDUSTRIES INC.

Statement of Financial Position

December $31,2023$

Liabilities and Shareholders' Equity

Additional information:

Net income for the fiscal year ended December $31,2023,$ was $$131,000.$

Cash dividends of $$63,100$ were declared and paid. Dividends paid are treated as financing activities.

Bonds payable amounting to $$57,000$ were retired through the issuance of common shares.

Land was sold at a gain of $$3,000.$

No equipment was sold during the year.

$($a$)$

Prepare a statement of cash flows using the indirect method. $($Show amounts that decrease cash flow using either a negative sign preceding

the number e$.$g$.-45$ or parentheses e$.$g$.(45).)$