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Instant Brake Inc's comparative balance sheet information at December 31, 2023 and 2022, and its income statement for the year ended December 31, 2023, are as follows: During 2023, the following transactions occurred: 1. Purchased equipment for $19,600 cash. 2. Sold the investment on January 1,2023 , for $32,800, resulting in investment income of $13,520. 3. Sold equipment for $6,920 cash that had originally cost $33,120 and had $20,230 of accumulated depreciation. 4 . Issued $28,000 of bonds payable at face value. Required: 1. How much cash was paid in dividends? 2. Prepare a statement of cash flows for Instant Brake for the year ended December 31,2023 , using the indirect method. (List any deduction in cash and cash outflows as negative amounts.) 2. Prepare a statement of cash flows for Instant Brake for the year ended December 31, 2023, using the indirect method. (List any deduction in cash and cash outflows as negative amounts.) \begin{tabular}{|l|l|} \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline Cash flows from investing activities: & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular}