The income statement, balance sheets, and additional information for Virtual Gaming Systems are provided. 1. Purchased additional investment in stocks for $78,000 2. Sold land for $53,000. The land originally was purchased for $46,500, resulting in a $6,500 gain being recorded at the time of the sale. transaction. ayable to the seller. No cash was exchanged in the 5. Issued cond paid a cash dividend of $103,000 Required: Prepare the statement of cash flows using the indirect method. Disclose any noncash transactions in an accompanying