The income statement, balance sheets, and additional information for Virtual Gaming Systems are provided. VIRTUAL GAMING SYSTEMS Balance Sheets December 31 Assets Current assets: Cash. Accounts receivable Inventory Prepaid rent 2021 2020 Long-term assets: Investments Land Equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total 1iabilities and stockholders' equity $289,40069,500152,5004,300$228,90085,000140,0006,600 Additional Information for 2021: 1. Purchase additional investment in stocks for $90,000. 2. Sell land costing $52,500 for $57,000, resulting in a $4,500 gain on sale of land, 3. Purchase $25,000 in equipment by issuing a $25,000 long-term note payable to the seller. No cash is exchanged in the transaction. 4. Declare and pay a cash dividend of $115,000. 5. Issue common stock for $55,000. Required: Prepare the statement of cash flows using the indirect method. Disclose any noncash transactions in an accompanying note. (List cash outflows and any decrease in cash as negative amounts.)