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 Akcounts receivable Inventory Prepaid rent 2024 2023 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 \begin{tabular}{rr} 416,000 & 360,000 \\ 333,000 & 260,000 \\ \hline$1,067,000 & $975,600 \\ \hline \end{tabular} Additional Information for 2024 : 1. Purchased additional investment in stocks for $91,000. 2. Sold land for $58,000. The land originally was purchased for $53,000, resulting in a $5,000 gain being recorded at the time of the sale. 3. Purchased $26,000 in equipment by issuing a $26,000 long-terin note payable to the seller. No cash was exchanged in the tronsaction. 4. Declared and paid a cash dividend of $116,000 5. Issued common stock for $56,000. Required: Prepare the statement of cash flows using the indirect method. Disclose any noncash transactions in an accompanying note. (Amounts to be deducted, cash outflows, and ony decreose in cosh should be indicoted with o minus sign.)