Item$12/31/2512/31/24$Cash$$5,900$$$7,000$Accounts receivable$$61,500$$$51,300$Short$-$term debt investments $($available$-$for$-$sale$)$$$35,000$$$17,800$Inventory$$40,400$$$60,200$Prepaid rent$$5,000$$$4,000$Equipment$$153,400$$$129,000$Accumulated depreciation$$equipment$($$$35,100)($$$25,100)$Copyrights$$46,300$$$49,600$Total assets$$312,400$$$293,800$Accounts payable$$46,500$$$40,200$Income taxes payable$$4,100$$$6,000$Salaries and wages payable$$8,100$$$4,000$Short$-$term loans payable$$7,900$$$10,000$Long$-$term loans payable$$60,200$$$68,700$Common stock, $$10$par$$100,000$$$100,000$Paid$-$in capital, common stock$$30,000$$$30,000$Retained earnings$$55,600$$$34,900$Total liabilities and stockholders$$equity$$312,400$$$293,800$

Monty Inc.

Income Statement

For the Year Ending December $31,2025$

ItemAmountSales revenue$$338,750$Cost of goods sold$$176,400$Gross profit$$162,350$Operating expenses$$119,600$Operating income$$42,750$Interest expense$$11,500$Gain on sale of equipment$$2,000$Income before tax$$33,250$Income tax expense$$6,650$Net income$$26,600$Additional Information:

Dividends in the amount of $$5,900$were declared and paid during $2025.$

Depreciation expense and amortization expense are included in operating expenses.

No unrealized gains or losses have occurred on the investments during the year.

Equipment that had a cost of $$19,900$and was $70\%$depreciated was sold during $2025.$

Instructions:

The problem asks to prepare a Statement of Cash Flows using the Indirect Method. It specifies to adjust for cash inflows and outflows in the investing and financing sections using a negative sign $(-)$or parentheses $(15,000)$for decreases in cash flow.