The current sections of Waterway Inc's balance sheets at December 31, 2024 and 2025, are presented...

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The current sections of Waterway Inc's balance sheets at December 31, 2024 and 2025, are presented here. Waterway's net income for 2025 was $99,450. Depreciation expense was $17,550. 2025 2024 Current assets Cash $68,250 $ 64,350 Accounts receivable 52,000 57,850 Inventory 109,200 111,800 Prepaid expenses 17.550 14,300 Total current assets $247,000 $248,300 Current liabilities Accrued expenses payable $9.750 $3.250 Accounts payable 55,250 59.800 Total current liabilities $65,000 $ 63,050 13 Prepare the operating activities section of the company's statement of cash flows for the year ended December 31, 2025, using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) The current sections of Waterway Inc's balance sheets at December 31, 2024 and 2025, are presented here. Waterway's net income for 2025 was $99,450. Depreciation expense was $17,550. 2025 2024 Current assets Cash $68,250 $ 64,350 Accounts receivable 52,000 57,850 Inventory 109,200 111,800 Prepaid expenses 17.550 14,300 Total current assets $247,000 $248,300 Current liabilities Accrued expenses payable $9.750 $3.250 Accounts payable 55,250 59.800 Total current liabilities $65,000 $ 63,050 13 Prepare the operating activities section of the company's statement of cash flows for the year ended December 31, 2025, using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).)