The income statement, balance sheets, and additional information for Cloud Mangu are provided.

Additional Information for $2024$:

Purchased investment in bonds for $$104,000.$

Sold land for $$21,100.$ The land originally was purchased for $$29,000,$ resulting in a $$7,900$ loss being recorded at the time of the sale.

Purchased $$59,000$ in equipment by issuing a $$59,000$ long$-$term note payable to the seller. No cash was exchanged in the transaction.

Declared and paid a cash dividend of $$24,500.$

Required:

Prepare 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.