The income statement, balance sheets, and additional information for Communication Accessories are provided Inoome Statement For the Year Ended December 31, 2018 $2,800,000 4,000 2,804.000 Gain on sale of land Total revenues Cost of goods sold Cas 1,900.000 575,000 38,000 16 Depreciation expense Interest expense Total expenses Balance Sheets December 31 Assets 2018 2017 Current Assets: $182 83 121 $187.000 95.000 138,000 5,000 Cash 7,000 Prepaid rent Long-Tem Assets: 195 100,000 260,000 225,000 Investment in stock Land 305,000 Total Assets and Current Liabilities: Accounts payable Interest payable Income tax payable $40,000 1,000 2.000 $58,000 2,000 10,000 Long-Term Liabilities: Notes payable 205,000 Equity Common stock Retained earnings 350,000 350,000 Total Liabilities and Equity Additional Information for 2018: 1. Purchase additional investment in stocks for $95,000 2. Sell land costing $30,000 for $34,000 resulting in a $4,000 gain on sale of land. 3. Purchase S80,000 in equipment by borrowing $80,000 with a note payable due in three years. No cash is exchanged in the transaction. 4. The company declares and pays a cash dividend of $200,000. Required: Prepare the statement of cash flows using the indirect method. Disclose any noncash transactions in an accompanying For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)