The income statement, balance sheets, and additional information for Video Phones, Incorporated, are provided. Additional Information for 2024 : 1. Purchased investment in bonds for $103,000 2. Sold land for $20,200. The land originally was parchased for $28,000, resulting in a $7,800 loss being recorded at the time or the sale. 3. Purchased $58.000 in equipment by issuing a $58.000 long-term note payable to the seller. No cash was exchanged in the transaction. 4. Declared and paid a cash dividend of $24.000 VIDEO PHONES, INCORPORATED Statement of Cosh Flows For the Year Ended December 31, 2024 The income statement, balance sheets, and additional information for Video Phones, Incorporated, are provided. Additional Information for 2024 : 1. Purchased investment in bonds for $103,000 2. Sold land for $20,200. The land originally was parchased for $28,000, resulting in a $7,800 loss being recorded at the time or the sale. 3. Purchased $58.000 in equipment by issuing a $58.000 long-term note payable to the seller. No cash was exchanged in the transaction. 4. Declared and paid a cash dividend of $24.000 VIDEO PHONES, INCORPORATED Statement of Cosh Flows For the Year Ended December 31, 2024