The income statement, balance sheets, and additional information for Video Phones, Incorporated, 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.$

$$ Prepare the statement of cash flows for video phones Inc. using the direct method disclose any non$-$cash transactions in accompanying role.