Additional data related to 2025 are as follows. 1. Equipment that had cost $19,900 and was 60% depreciated at time of disposal was sold for $2,000. 2. $17,600 of the long-term note payable was paid by issuing common stock. 3. Cash dividends paid were $13,000. 4. On January 1, 2025, the building was completely destroyed by a hurricane. Insurance proceeds on the building were $244,800 (net of $21,800 taxes) 5. Investments (available-for-sale) were sold at $2,800 below their cost. The company has made similar sales and imvestments in the past. 6. Cash was paid for the acquisition of equipment. 7. A long-term note for $20,000 was issued for the acquisition of equipment. 8. Interest of $1,000 and income taxes of $23,700 were paid in cash. Prepare a statement of cash flows using the indirect method. Hurricane damage is unusual in that part of the country. (Show amounts that decrease cash flow with either a-sign es. 15,000 or in parenthesis eg. (15,000). Patent Amortization 4300 Gain on Sale of investments Increase in Accounts Payable Increase in Inventory Net Cash Provided by Operating Activities Cash Flows from Ifmesting Activities Sale of Equipment Purchase of Equipment Proceeds from Hurricane Damage to Building. Sole of investments Additional data related to 2025 are as follows. 1. Equipment that had cost $19,900 and was 60% depreciated at time of disposal was sold for $2,000. 2. $17,600 of the long-term note payable was paid by issuing common stock. 3. Cash dividends paid were $13,000. 4. On January 1, 2025, the building was completely destroyed by a hurricane. Insurance proceeds on the building were $244,800 (net of $21,800 taxes) 5. Investments (available-for-sale) were sold at $2,800 below their cost. The company has made similar sales and imvestments in the past. 6. Cash was paid for the acquisition of equipment. 7. A long-term note for $20,000 was issued for the acquisition of equipment. 8. Interest of $1,000 and income taxes of $23,700 were paid in cash. Prepare a statement of cash flows using the indirect method. Hurricane damage is unusual in that part of the country. (Show amounts that decrease cash flow with either a-sign es. 15,000 or in parenthesis eg. (15,000). Patent Amortization 4300 Gain on Sale of investments Increase in Accounts Payable Increase in Inventory Net Cash Provided by Operating Activities Cash Flows from Ifmesting Activities Sale of Equipment Purchase of Equipment Proceeds from Hurricane Damage to Building. Sole of investments