The Adams Corporation reported the following income statement for 2024 and comparative balance sheet for 2024 and 2023, along with transaction data for 2024:

Prepare Adams Corporation’s statement of cash flows for the year ended December 31, 2024. Format cash flows from operating activities by the indirect method. 

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Current Assets: Cash Accounts Receivable Merchandise Inventory Long-term Assets: Plants Assets Current Liabilities: ADAMS CORPORATION Comparative Balance Sheet December 31, 2024 and 2023 Accumulated Depreciation-Plant Assets Total Assets Accounts Payable Accrued Liabilities Income Tax Payable Long-term Liabilities: Bonds Payable Total Liabilities Assets Common Stock, no par Retained Earnings Treasury Stock Total Stockholders' Equity Total Liabilities and Stockholders' Equity Liabilities 2024 $ 29,200 22,000 35,000 153,200 (27,200) $ 212,200 $ 35,000 7,000 10,000 84,000 136,000 Stockholders' Equity 52,000 34,200 (10,000) 76,200 $ 212,200 $ 2023 3,000 23,000 34,000 97,200 (25,200) $ 132,000 $ 26,000 9,000 10,000 53,000 98,000 20,000 19,000 (5,000) 34,000 $ 132,000 Increase (Decrease) $ 26,200 (1,000) 1,000 56,000 (2,000) $ 80,200 $ 9,000 (2,000) 0 31,000 38,000 32,000 15,200 (5,000) 42,200 $ 80,200