2For each of the following situations indicate the items to be reported on the statementof cash flows.Be sure to include the section of the statement the item would appearin and the amount.a.The board of directors declared cash dividends totaling $240,000 during thecurrent year.The comparative balance sheet indicates dividends payable of$50,000 at the beginning of the year and $60,000 at the end of the year.b.An analysis of the general ledger accounts indicates that office equipment,which had cost $245,000 and on which accumulated depreciation totaled$95,000 on the date of sale, was sold for $130,000 during the year.c.An analysis of the general ledger accounts indicates that delivery equipment,which had cost $39,000 and on which accumulated depreciation totaled$23,000 on the date of sale, was sold for $20,000 during the year.