Better Boat Company's comparative balance sheet and additional data are shown below. (Click the icon to view the comparative balance sheet.) (i) (Click the icon to view the additional data.) Requirement Prepare the statement of cash flows for the year ended December 31, 2025, using the indirect method. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the stalement, leave the box empty; do not select a label or enter a zero.) Data table 1. The income statement for 2025 included the following items: a. Net income, $494,000 b. Depreciation expense for the year, $40,140. c. Amortization on the bonds payable, $280. 2. There were no disposals of property, plant and equipment during the year. All acquisitions of PP\&E were for cash except the land, which was acquired by issuing preferred stock. 3. The company issued bonds payable with a face value of $1,100,000, receiving cash of $1,097,200. 4. The company distributed 5,000 shares of common stock in a stock dividend when the market value was $11.00 per share. All other dividends were paid in cash. 5. The common stock, except for the stock dividend, was issued for cash. 6. The cash receipt from the notes payable in 2025 is considered a financing activity because it does not relate to operations. Better Boat Company's comparative balance sheet and additional data are shown below. (Click the icon to view the comparative balance sheet.) (i) (Click the icon to view the additional data.) Requirement Prepare the statement of cash flows for the year ended December 31, 2025, using the indirect method. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the stalement, leave the box empty; do not select a label or enter a zero.) Data table 1. The income statement for 2025 included the following items: a. Net income, $494,000 b. Depreciation expense for the year, $40,140. c. Amortization on the bonds payable, $280. 2. There were no disposals of property, plant and equipment during the year. All acquisitions of PP\&E were for cash except the land, which was acquired by issuing preferred stock. 3. The company issued bonds payable with a face value of $1,100,000, receiving cash of $1,097,200. 4. The company distributed 5,000 shares of common stock in a stock dividend when the market value was $11.00 per share. All other dividends were paid in cash. 5. The common stock, except for the stock dividend, was issued for cash. 6. The cash receipt from the notes payable in 2025 is considered a financing activity because it does not relate to operations