Question: table [ [ Wildhorse Inc. Comparative Balance Sheets December 3 1 , ] , [ , ] , [ 2 0 2 5 ,

\table[[Wildhorse Inc. Comparative Balance Sheets December 31,],[,],[2025,2024],[Assets,],[,Cash],[$56560,$33880],[Accounts receivable,61460],[26600,Inventory],[78750,71995],[Prepaid expenses,19880],[18200,Long-term investments],[96600,76300],[Plant assets,199500],[169750,Accumulated depreciation],[35000,36400],[Total,$477750],[$360325,Liabilities and Stockholders' Equity],[,],[Accounts payable,$71400],[$47110,Accrued expenses payable],[11550,14700],[Bonds payable,77000],[102200,Common stock],[154000,122500],[Retained earnings,163800],[73815,Total],[$477750,$360325]] Additional information:
New plant assets costing $70,000 were purchased for cash during the year.
Old plant assets having an original cost of $40,250 and accumulated depreciation of $33,950 were sold for $1,050 cash.
Bonds payable matured and were paid off at face value for cash.
A cash dividend of $18,221 was declared and paid during the year.
Common stock was issued at par for cash.
There were no significant noncash transactions. Statement of Cash Flows - Indirect Method
For the Vear Ended Decrember 31,2025
Cah Riowa from Operseting Activities
Net Inceme
$$103,206
Adjustments to raconcile net income to
Cah Flowa from Investing Activelas
Purchase of Plant Aasests
Net Cash Uasd by llwaiting Activitica
Cahh Flowa from Finendiry Acthitles
Payment of Cach Dividenda
\ table [ [ Wildhorse Inc. Comparative Balance

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