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6. An addition to the building was completed at a cost of $28,440. 7. A long-term imestment in stock was purchased for $16,000. 8. Bonds

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6. An addition to the building was completed at a cost of $28,440. 7. A long-term imestment in stock was purchased for $16,000. 8. Bonds payable of $51,130 were issued. 9. Cash dividends of $30,000 were declared and paid. 10. Treasury stock was purchased at a cost of $11,000. (a) Your answer is correct. Prepare a statement of cash flows for 2025. (Show amounts that decrease cash flow with either a-signeg. 15,000 or in parenthesis es. (15,000)) Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cosh Provided by Operating Activities : Cupreciation Expense: ocrease in Current Llabilities Loss on Sale of Equipment Patent Amortization Increase in Current Assets (Other than Cash) Net Cash Provided by Operating Activities, $ 15880 2500 Cash Flows from investine Activities 5ale of Equipment 11440 Net Cash Used by lovesting Activities inforn Financing Activities Issuance of Bonds Payment of Dividends +30000 Purchase of Treasury Stock +11000 Net Cash Provided by Finncine Activities v Net increave in Cash 39190 Cash at Beginning of Period Cash at End of Period Grouper Corporation's balance sheet at the end of 2024 included the following items. The following information is avallable for 2025 1. Net income was $57,680 2. Equipenent (cost $21,440 and accumulated depreciation $9,440) was sold for $11,440, 3. Depreciation expense was $5,440 on the building and $10,440 on equipment. 4. Patent amortization was $2.500. 5. Curfent assets other than cash increased by $29,000. Current liabilities increased by $14,440. 6. An addition to the building was completed at a cost of $28,440. Prepare a balance sheet at December 31, 2025. (Show only totals for current assets and current liabilities.) (List Property, Plant, and Equipment in order of Land, Buildings, and Equipment. Enter account name only and do not provide the descriptive information provided in the

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