Martinez Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $23,400. Dividends declared and paid were $20,000. 2. No noncash investing and financing activities occurred during 2025. 3. The land was sold for cash of $5,000. Prepare a statement of cash flows for 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).) MARTINEZ CORPORATION Statement of Cash Flows - Indirect Method December 31,2025 $ Adjustments to reconcile net income to $ Prepare a statement of cash flows for 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).) MARTINEZ CORPORATION Statement of Cash Flows - Indirect Method December 31,2025 $ :ments to reconcile net income to ments to reconcile net income to $ Compute free cash flow. (Show a negative free cash flow with either a-sign e.g. 15,000 or in parenthesis e.g. (15,000). Free cash flow $