Statement of Cash Flows-Direct Method Additional data obtained from an examination of the accounts in the ledger for 20Y6 are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. c. The investments were sold for $76,470 cash. d. The common stock was issued for cash. e. There was a $20,200 debit to Retained Earnings for cash dividends declared. Additional data obtained from an examination of the accounts in the ledger for 20Y are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. c. The investments were sold for $76,470 cash. d. The common stock was issued for cash. e. There was a $20,200 debit to Retained Earnings for cash dividends declared