Partial financial statements for $2023$ and $2024$ for Cuhar Company ara z$$en below:

Statement of Cash Flaws

For the Year Ended December $31,2024$

Increse $($Decreage$)$ in Cosh

Cash flovs from operating activities

Net income

$$1500000$

Adjustments to reconcile net income to net cash

prowided by operating activities:

Incrase in accounts receivable

Nat cash provided by operating activitiss

Cash flows from invasting activitias

Sale of aquipment

$360000$

Purchase of land

$[750000$:

Purchase of buildings and equipment $(1440000)$;

Nat cash used by invasting activitiss

$(1930000)$

Cash flovs from financing activitiss

Payment of cash dividend

$[450000]$

Sale of common stock

$1200000$

Nat cash providsd by financing activitiss

Nat incrase in cash

Cash, January $1,2024$

Cash, Desembar $31,2024$

Tatal assets on the balance shast at December $31,2024$ are $$9310000.$ Accumulated depreciation on the equipmant sold was

$$420000.$

The balance in the Retained Earnirgs account at December $31,2024$ was