Service revenue Flint Company Income Statement For the Year Ended December 31, 2025 Operating expenses, excluding...

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Service revenue Flint Company Income Statement For the Year Ended December 31, 2025 Operating expenses, excluding depreciation $1,780,600 Depreciation expense Loss on disposal of plant assets Income before income taxes Income tax expense Net income $2,813,000 159,500 46,400 1,986,500 826,500 162,400 $664,100 Flint's balance sheets contained the following comparative data at December 31. 2025 2024 Accounts receivable $203,000 $174,000 Accounts payable 118,900 92,800 Income taxes payable 37,700 20,300 Accounts payable pertain to operating expenses. Prepare the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis eg. (15,000).) FLINT COMPANY Statement of Cash Flows (Partial) - Indirect Method For the Year Ended December 31, 2025 Net Decrease in Cash Gain on Disposal of Plant Assets Adjustments to reconcile net income to Cash at Beginning of Period Depreciation Expense Loss on Disposal of Plant Assets Increase in Accounts Receivable Increase in Accounts Payable S 159,500 46,400 29,000 26,100 Increase in Income Taxes Payable 17,400 Cash at End of Period $ 664100 930,300 -266.200 Service revenue Flint Company Income Statement For the Year Ended December 31, 2025 Operating expenses, excluding depreciation $1,780,600 Depreciation expense Loss on disposal of plant assets Income before income taxes Income tax expense Net income $2,813,000 159,500 46,400 1,986,500 826,500 162,400 $664,100 Flint's balance sheets contained the following comparative data at December 31. 2025 2024 Accounts receivable $203,000 $174,000 Accounts payable 118,900 92,800 Income taxes payable 37,700 20,300 Accounts payable pertain to operating expenses. Prepare the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis eg. (15,000).) FLINT COMPANY Statement of Cash Flows (Partial) - Indirect Method For the Year Ended December 31, 2025 Net Decrease in Cash Gain on Disposal of Plant Assets Adjustments to reconcile net income to Cash at Beginning of Period Depreciation Expense Loss on Disposal of Plant Assets Increase in Accounts Receivable Increase in Accounts Payable S 159,500 46,400 29,000 26,100 Increase in Income Taxes Payable 17,400 Cash at End of Period $ 664100 930,300 -266.200