Requirement 1. Prepare the 2025 statement of cash flows, formatting operating activities by the indirect method....

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Requirement 1. Prepare the 2025 statement of cash flows, formatting operating activities by the indirect method. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If an input field is not used in the statement, leave the field empty; do not select a label or enter a zero.) Complete the statement one section at a time, beginning with the cash flows from operating activities. Jayceon, Inc. Statement of Cash Flows Year Ended December 31, 2025 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Income Statement RIGUING OIL Year Ended December 31, 2025 Net Sales Revenue $ 438,000 209,200 Cost of Goods Sold 228,800 Gross Profit Operating Expenses: Salaries Expense $ 72,400 Depreciation Expense-Plant Assets 14,500 10,000 Other Operating Expenses 96,900 Total Operating Expenses Operating Income 131,900 Net Cash Provided by (Used for) Operating Activities Cash Flows from Investina Activities: Other Income and (Expenses): Interest Revenue Interest Expense Total Other Income and (Expenses) Net Income Before Income Taxes Income Tax Expense Net Income Print Done 8,500 (21,500) (13,000) 118,900 19,400 $ 99,500 Requirement 1. Prepare the 2025 statement of cash flows, formatting operating activities by the indirect method. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If an input field is not used in the statement, leave the field empty; do not select a label or enter a zero.) Complete the statement one section at a time, beginning with the cash flows from operating activities. Jayceon, Inc. Statement of Cash Flows Year Ended December 31, 2025 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Income Statement RIGUING OIL Year Ended December 31, 2025 Net Sales Revenue $ 438,000 209,200 Cost of Goods Sold 228,800 Gross Profit Operating Expenses: Salaries Expense $ 72,400 Depreciation Expense-Plant Assets 14,500 10,000 Other Operating Expenses 96,900 Total Operating Expenses Operating Income 131,900 Net Cash Provided by (Used for) Operating Activities Cash Flows from Investina Activities: Other Income and (Expenses): Interest Revenue Interest Expense Total Other Income and (Expenses) Net Income Before Income Taxes Income Tax Expense Net Income Print Done 8,500 (21,500) (13,000) 118,900 19,400 $ 99,500