$\backslash$table$[[$Vaughn Company Comparative Balance Sheet As of December $31,2025$ and $2024,],[,2025,2024],[$Cash$,$$$1\mathrm{.}820,$$$1,130],[$Recelvables$,1\mathrm{.}730,1\mathrm{.}280],[$Inventory$,1,590,1,870],[$Plant assets,$1,940,1\mathrm{.}690],[$Accumulated depreciation,$(1\mathrm{.}220),(1,180)],[$Long$-$terminvestments $($held$-$to$-$maturity$),1\mathrm{.}300,1,450],[,$$$7,160,$$$6\mathrm{.}240],[$Accounts payable,$$1\mathrm{.}200,$$$920],[$Accrued liabilities,$190,230],[$Bonds payable,$1\mathrm{.}430,1\mathrm{.}530],[$Common stock,$1\mathrm{.}930,1\mathrm{.}710],[$Retained earnings,$2,410,1\mathrm{.}850],[,$$$7,160,$$$6\mathrm{.}240]]\backslash$table$[[$Vaughn Company Income Statement For the Year Ended December $31,2025],[$Sales revenue,$$6,840],[$Cost of goods sold,$4,630],[$Gross margin,$2,210],[$Selling and administrative oxpense,$930],[$Income from operations,$1,280],[$Other revenues and gains$],[$Gain on sale of investments,$90],[$Income before tax,$1\mathrm{.}370],[$Income tax expense,$550],[$Net income,$820],[$Cosh dividends,$260],[$Income retained in business,$5560]]$Additional information:

During the yeac, $$60$ of common stock was inued in exchunge for plast assets. No plant assets were sold in $2025.$

Prepare a statement of canh flows uning the indirect mechot chow anounts that decresse cash fow with eilher d$-$slenes$-15,000$ or in porenchesh es $(15\mathrm{.}0001)$

VAuCHN coneant

STATHENT OF cxsen RICWS

for the How freded beoneber $31\mathrm{.}2$ cas

$($Indirect Metheo$)$

Conh Flows hum Dperatige Activites

$5$

Adjustments to reconcle net income to

$$

$$ $ $$