Phoenix Corp. Consolidated Cash Flow Statement Question

Question:

For the year ended December $31$ Year $4,$ prepare a consolidated cash flow statement for Phoenix Corp.

Phoenix Corp. Consolidated Income Statement for the year ended December $31$

$\backslash$table$[[$Year $4,$Amount$],[$Description$,$$$1,200,000$

Database amortization

Loss on land sale

$$3,200$

$$3,600$

ion At

unt

$300$

Phoenix reported a Year $4$ equity method income of $$60,000$ and paid dividends of $$24,000.$

Required:

$($a$)$ Prepare a consolidated cash flow statement for Year $4.$