$14,100Part 4: Statement of Cash FlowsThis lesson will help you refresh your knowledge on the basics of the statement of cash flows. Brushing up on these conceBe sure to complete the Concept Check at the end of the lesson to cement your skills and receive credit.Concept CheckMKH Company Comparative Balance SheetsUse the following comparative balance sheets and additional information to answer questions (1) through (4).Additional Information for MKH Co. in 20X1:1. Net income for year 20X1 was $216,000.2. The company declared and paid a cash dividend of $132,800.3. The only posting to the net equipment account was for depreciation expense of $35,000 (i.e., no equipment was sold).4. MKH sold land worth $19,200 for $8,000 cash.5. The company retired $148,400 worth of bonds payable at the beginning of the year.