Current Attempt in Progress

The comparative balance sheets for the Larkspur Beauty Supply Corporation is presented below:

$\backslash$table$[[$LARKSPUR BEAUTY SUPPLY CORPORATION Comparative Balance Shects$],[,$Assets,$2025,2024],[$Cash$,,$$$45,000,$$$31\mathrm{.}500],[$Accounts receivable $($net$),,85,000,61\mathrm{.}500],[$Prepaid insurance,,$27,800,16,900],[$land$,,19\mathrm{.}500,59\mathrm{.}500],[$Equipment$,,78,500,69\mathrm{.}500],[$Accumulated depreciation$-$equipment,,$(19\mathrm{.}100),(11,800)],[$Total assets,,$$236,700,$$$227\mathrm{.}100],[$Liabilities and Stockholders' Equity$],[$Accounts payable,,$$19,700,$$$6,200],[$Bonds payable,,$29\mathrm{.}700,16,800],[$Common stock,,$140,000,115,000],[$Retained earnings,,$47,300,89\mathrm{.}100],[$Total liabilities and stockholder's equity,,$$236,700,$$$227,100]]$Additional information:

Net loss for $2025$ is $$12,000.$ Net sales for $2025$ are $$320,000.$

Cash dividends of $$29,800$ were declared and paid in $2025.$

Land was sold for cash at a loss of $$3,400.$ This was the only land transaction during the year.

Equipment with a cost of $$16,000$ and accumulat depreciation of $$10,200$ was sold for $$5,800$ cash.

$$13,000$ of bonds were retired during the year at carrying $($book$)$ value.

Equipment was acquired for common stock. The fair value of the stock at the time of the exchange was $$25,000.$

Prepare a statement of cash flows for the year ended $2025$ using the indirect method. $($Show amounts that decrease cash flow with either a$-$sign eg$.-15,000$ or in parenthesis e$.$g$.(15,000).$ Do not leave any answer field blank. enter $0$ for amounts.$)$LARKSPUR BEAUTY SUPPLY CORPORATION Statement of Cash Flows $-$ Indirect Method

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