Question: Current Attempt in Progress The comparative balance sheets for Acme Company appear below: ACME COMPANY Comparative Balance Sheet Assets Dec. 31, 2025 Dec. 31,

Current Attempt in Progress The comparative balance sheets for Acme Company appear

Current Attempt in Progress The comparative balance sheets for Acme Company appear below: ACME COMPANY Comparative Balance Sheet Assets Dec. 31, 2025 Dec. 31, 2024 Cash Accounts receivable Inventory Prepaid insurance Stock investments $38,000 $13,000 18,000 14,000 25,000 15,000 7,000 9,000 -0- 18,000 Equipment Accumulated depreciation-equipment Total assets 60,000 30,000 (18,000 ) (14,000 ) $130,000 $85,000 Liabilities and Stockholders' Equity Accounts payable $25,000 $7,000 Bonds payable 37,000 45,000 Common stock 40,000 23,000 Retained earnings 28,000 10,000 Total liabilities and stockholder's equity $130,000 $85,000 Additional information: 1. Net income for the year ending December 31, 2025 was $30,000. 2. Cash dividends of $12,000 were declared and paid during the year. 3. Stock investments on balance sheet that had a book value of $18,000 were sold for $13,000. 4. Sales for 2025 are $130,000. Prepare a 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).)

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