A comparative balance for Shabbon Corporation is presented as follows.

Additional Information:

1. Net income for 2025 was $125,000. No gains or losses were recorded in 2025.

2. Cash dividends of $60,000 were declared and paid.

3. Bonds payable amouting to $50,000 were retired through insurance of common stock.

Prepare a statement of cash flows for 2025 for Shabbona Corporation. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) Depreciation Expense Increase in Accounts Receivable 27,000 \begin{tabular}{|r|} \hline 60,000 \\ \hline \end{tabular} Net Cash Provided by Operating Activities Cash Flows from Investing Activities Purchase of Equipment 60,000 Sale of Land Net Cash Used by Investing Activities 60,000 Cash Flows from Financing Activities Payment of Cash Dividends Net Increase in Cash 23,000 Cash at Beginning of Year Cash at End of Year Noncash Investing and Financing Activities Issued common stock to retire $ 332,000 of bonds outstanding Prepare a statement of cash flows for 2025 for Shabbona Corporation. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) Depreciation Expense Increase in Accounts Receivable 27,000 \begin{tabular}{|r|} \hline 60,000 \\ \hline \end{tabular} Net Cash Provided by Operating Activities Cash Flows from Investing Activities Purchase of Equipment 60,000 Sale of Land Net Cash Used by Investing Activities 60,000 Cash Flows from Financing Activities Payment of Cash Dividends Net Increase in Cash 23,000 Cash at Beginning of Year Cash at End of Year Noncash Investing and Financing Activities Issued common stock to retire $ 332,000 of bonds outstanding