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The income statement, balance sheets, and additional information for Virtual Gaming Systems are provided. Additional Information for 2021: 1. Purchase additional investment in stocks for $95,000. 2. Sell land costing $55,000 for $62,000, resulting in a $7,000 gain on sale of land. 3. Purchase $30,000 in equipment by issuing a $30,000 long-term note payable to the seller. No cash is transaction. 4. Declare and pay a cash dividend of $120,000. Additional Information for 2021: 1. Purchase additional investment in stocks for $95,000. 2. Sell land costing $55,000 for $62,000, resulting in a $7,000 gain on sale of land. 3. Purchase $30,000 in equipment by issuing a $30,000 long-term note payable to the seller. No cash is exchanged in the transaction. 4. Declare and pay a cash dividend of $120,000. 5. Issue common stock for $60.000. Required: Prepare the statement of cash flows using the indirect method. Disclose any noncash transactions in an accompanying note. (List cash outflows and any decrease in cash as negative amounts.) Required: Prepare the statement of cash flows using the indirect method. Disclose any noncash transactions in an accompanying n Prev 6 of 15 Next >