On June $30,2024,$ Plaster, Incorporated, paid $$916,000$ for $80$ percent of Stucco Company's outstanding stock. Plaster assessed the acquisition$-$date fair value of the $20$ percent noncontrolling interest at $$229,000.$ At acquisition date, Stucco reported the following book values for its assets and liabilities: Cash$ $60,000$Accounts receivable$127,000$Inventory$203,000$Land$65,000$Buildings$175,000$Equipment$300,000$Accounts payable$(35,000)($Parentheses indicate credit balances.$)$ On June $30,$ Plaster allocated the excess acquisition$-$date fair value over book value to Stucco's assets as follows: Equipment $(3-$year remaining life$)$$ $75,000$Database $(10-$year remaining life$)175,000$ At the end of $2024,$ the following comparative $(2023$ and $2024)$ balance sheets and consolidated income statement were available: AccountsPlaster, Incorporated December $31,2023$Consolidated December $31,2024$Cash$ $43,000$$ $242,850$Accounts receivable $($net$)362,000485,400$Inventory$415,000720,000$Land$300,000365,000$Buildings $($net$)245,000370,000$Equipment $($net$)1,800,0002,037,500$Database$0166,250$Total assets$ $3,165,000$$ $4,387,000$Accounts payable$ $80,000$$ $107,000$Long$-$term liabilities$400,0001,200,000$Common stock$1,800,0001,800,000$Noncontrolling interest$0255,500$Retained earnings$885,0001,024,500$Total liabilities and equities$ $3,165,000$$ $4,387,000$ PLASTER, INCORPORATED, AND SUBSIDIARY STUCCO COMPANY Consolidated Income Statement For the Year Ended December $31,2024$Revenues$0$$ $1,217,500$Cost of goods sold$ $737,500$Depreciation$187,500$Database amortization$8,750$Interest and other expenses$9,750943,500$Consolidated net income$$$ $274,000$ Additional Information for $2024$ On December $1,$ Stucco paid a $$40,000$ dividend. During the year, Plaster paid $$100,000$ in dividends. During the year, Plaster issued $$800,000$ in long$-$term debt at par. Plaster reported no asset purchases or dispositions other than the acquisition of Stucco. Required: Prepare a $2024$ consolidated statement of cash flows for Plaster and Stucco. Use the indirect method of reporting cash flows from operating activities.