#39

Windsor Marine Company's income statement for the year ended December 31, 2025 reported a net loss of $17600. Additional information for the period is as follows: o The cash balance increased $5,000 from the beginning to the end of the year. o The accounts receivable balance decreased $5800 from the beginning to the end of the year. o The inventory balance increased $14000 from the beginning to the end of the year. o The accounts payable balance increased by $20000 from the beginning to the end of the year. o Depreciation expense for 2025 was $8900. During 2025, operating activities provided net cash of $11800. provided net cash of $3100. used net cash of $11800. used net cash of $8200