Condensed financial data of Pat Metheny Company for 2025 and 2024 are presented below.

Additional information:

During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold in 2025.

InstructionsPrepare a statement of cash flows using the indirect method.

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Pat Metheny Company Comparative Balance Sheet As of December 31, 2025 and 2024 Cash Receivables Inventory Plant assets Accumulated depreciation Long-term investments (held-to-maturity) Accounts payable Accrued liabilities Bonds payable Common stock Retained earnings 2025 $1,800 1,750 1,600 1,900 (1,200) 1,300 $7,150 $1,200 200 1,400 1,900 2,450 $7,150 2024 $1,150 1,300 1,900 1,700 (1,170) 1,420 $6,300 $ 900 250 1,550 1,700 1,900 $6,300