The income statement, balance sheets, and additional information for Cloud Mangu are provided. Additional Information for 2024: 1. Purchased investment in bonds for $101,000. 2. Sold land for $18,400. The land originally was purchased for $26,000, resulting in a $7,600 loss being recorded at the time of the sale. 3. Purchased $6,000 in equipment by issuing a $56,000 long-term note payable to the selloc No cash was exchanged in the transaction. 4. Declered and paid a cash dividend of $23,000. Required: Piepare the statement of cash flows using the indirect method. Disclose any noncash transactions in an accompanying note. Note: Amounts to be deducted, cash outflows, and any decrease in cash should be indicated with a minus sign. CLOUD MANGU Statement of Cash Flows For the Year Ended December 31, 2024 Cash Flows from Operating Activities: Adjustments to reconcile net income to net cash flows from operating activities