$\backslash$table$[[$The comparative balance sheets appear below:,,$],[$Karmine Corporation$],[$Comparative Balance Sheet$],[,$Dec. $31,2024,$Dec. $31,2023,$Inc or Dec$],[$Assets$,,,(10$ points$)],[$Cash$,$$$38,000,13,000,],[$Accounts receivable,$$18,000,14,000,],[$Inventory$,$$$25,000,15,000,],[$Prepaid insurance,$$,7,000,9,000,],[$Stock investments,$-0-,18,000,],[$Equipment$,$$$60,000,30,000,],[$Accumulated depreciation$-$equipment,$$(18,000),$$$,(14,000),],[$Total assets,$$130,000,$$$,85,000,],[$Liabilities and Stockholders' Equity$],[$Accounts payable,$$25,000,7,000,],[$Bonds payable,$$37,000,45,000,],[$Common stock,$$40,000,23,000,],[$Retained earnings,$$28,000,10,000,],[$Total liabilities and stockholders' equity,$$130,000,$$$85,000,]]$

Additional information:

Net income for the year ending December $31,2023,$ was $$30,000.$

Cash dividends of $$12,000$ were declared and paid during the year.

Stock investments that had a book value of $$18,000$ were sold for $$13,000.$

Sales for $2023$ are $$130,000.$

Instructions

Prepare a statement of cash flows for the year ended December $31,2023,$ using the indirect method $-25$ points.