For the year ended December $31,2019$

Beta Corp. owns $80\backslash \%$ of Gamma Corp. The Consolidated Financial Statements of Beta Corp. for $2018$ and $2019$ are shown below:

Beta Corp.

Consolidated Balance Sheet,

December $31,2019$

Beta purchased its interest in Gamma on January $1,\backslash (\backslash$underline$\{\backslash$underline$\{2015\}\}\backslash )$ for $\backslash (\backslash$$ $360,000\backslash )$ when the company's net assets were valued at $\backslash (\backslash$$ $300,000\backslash ).$ The acquisition differential was allocated equally between goodwill and equipment, which was estimated to have a remaining useful life of ten years from the acquisition date.

$-$ Gamma reported a net income of $\backslash (\backslash$$ $75,000\backslash )$ and paid dividends of $\backslash$$$5,000$ during $2019.$

$-$ Beta issued $\backslash (\backslash$$ $300,000\backslash )$ in bonds during the year. Beta reported an equity method net Income of $\backslash (\backslash$$ $300,000\backslash )$ and paid $\backslash (\backslash$$ $70,000\backslash )$ in dividends to its shareholders.

Required:

Prepare a Consolidated Statement of Cash Flows $($Financing Activities only$),$ for Beta Corp. for $2019.$