Tree Top Company's comparative balance sheet and additional data are shown below. (Click the icon to view the comparative balance sheet) (i) (Click the icon to view the additional data.) Requirement Prepare the statement of cash flows for the year ended December 31, 2025, using the indirect method. (Use a minus sign or parentheses for amounts t decrease in cash. If a box is not used in the statement, leave the box emply; do not seloct a label or enter a zero.) Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Net Cash Provided by (Used for) Operating Activities Prepare the statement of cash flows for the year ended Decemper box empty; do not select a label or ente decrease in cash. If a box is not used in the statement, leave the box em Net Cash Provided by (Used for) Investing Acfivities Cash Flows From Financing Activities: Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, Dec. 31, 2024 Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, Dec. 31, 2024 Cash Balance, Dec. 31, 2025 Non-cash Investing and Financing Activities: More info 1. The income statement for 2025 included the following items: a. Net income, $462,000 b. Depreciation expense for the year, $40,140. c. Amortization on the bonds payable, $220. 2. There were no disposals of property, plant and equipment during the year. All acquisitions of PP\&E were for cash except the land, which was acquired by issuing preferred stock. 3. The company issued bonds payable with a face value of $1,100,000, receiving cash of $1,098,680. 4. The company distributed 6,000 shares of common stock in a stock dividend when the market value was $7.00 per share. All other dividends were paid in cash. 5. The common stock, except for the stock dividend, was issued for cash. 6. The cash receipt from the notes payable in 2025 is considered a financing activity because it does not relate to operations. Tree Top Company Comparative Balance Sheet December 31, 2025 and 2024 Assets Current Assets: \begin{tabular}{r|lrrr} \hline Net Ing & Current Assets: & & \\ Cash E & Cash & 1,442,310 & $ & 14,880 \\ Cash E & Short-term Investments, net & 27,000 & 0 \\ \hline & Non-ca & Accounts Receivable, net & 2,800 & 7,100 \\ \hline & Merchandise Inventory & 900 & 0 \\ \hline & Office Supplies & 40 & 700 \\ & Prepaid Rent & 0 & 4,000 \\ \hline & & & & \\ \hline \end{tabular} Property, Plant, and Equipment: Land 190,00090,000 Uata table Print Done