Mint, Inc. began 2025 with cash of $53,000. During the year, Mint, Inc. earned revenue of $597,000 and collected $621,000 from customers. Expenses for the year totaled $437,000, of which Mint, Inc. paid $227,000 in cash to suppliers and $200,000 in cash to employees. Mint, Inc. also paid $145,000 to purchase equipment and a cash dividend of $54,000 to its stockholders during 2025. Prepare the company’s statement of cash flows for the year ended December 31, 2025. Format operating activities by the direct method.