$\backslash$table$[[$SAGE HILL COMPANY Comparative Balance Sheet$],[$Assets$,$Dec. $31,2025,$Dec. $31,2024],[$Cash$,$$$47,400,$$$16,000],[$Accounts receivable,$19,500,15,000],[$Inventory$,30\mathrm{.}000,15,000],[$Prepaid insurance,$8,200,10,000],[$Stock investments,$-0.,16,800],[$Equipment$,78,000,39,000],[$Accumulated depreciation$-$equipment,$(15,600),(12\mathrm{.}400)],[$Total assets,$$167,500,$$$99,400],[$Liabilities and Stockholders' Equity$],[$Accounts payable,$$31,900,$$$7,100],[$Bonds payable,$35,300,48,600],[$Common stock,$40\mathrm{.}900,20\mathrm{.}800],[$Retained earnings,$59,400,22\mathrm{.}900],[$Total liablities and stockholder's equity,$$167,500,$$$99,400]]$

Additional information:

Net income for the year ending December $31,2025$ was $$50,000.$

Cash dividends of $$13,500$ were declared and paid during the year.

Stock investments that had a book value of $$16,800$ were sold for $$11,700.$

Sales for $2025$ are $$140\mathrm{.}000.$Statement of Cash Flows $-$ Indirect Mesthod

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Adjustments to reconcile net income to

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