A)Prepare a statement of cash flows for 2025. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

B)Prepare an unclassified balance sheet as it would appear at December 31, 2025. (List Assets in order of liquidity.)

C)Compute two cash flow ratios. (Round ratios to 2 decimal places, e.g. 0.62.)

Current cash debt coverage ratio			:1
Cash debt coverage ratio			:1

Prepare a statement of cash flows for 2025. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) Sheridan Inc. had the balance sheet shown below at December 31, 2024. During 2025 , the following occurred: 1. Sheridan Inc. sold part of its investment portfolio for $22,400. This transaction resulted in a loss of $4,500 for the firm. The company classifies its investments as available-for-sale. 2. A tract of land was purchased for $28,500 cash. 3. Long-term notes payable in the amount of $32,400 were retired before maturity by paying $32,400 cash. 4. An additional $45,400 in common stock was issued at par. 5. Dividends of $22,400 were declared and paid to stockholders. 6. Net income for 2025 was $24,500 after allowing for depreciation of $11,400. 7. Land was purchased through the issuance of $64,500 in bonds payable. 8. At December 31,2025 , Cash was $54,400, Accounts Receivable was $65,300, and Accounts Payable remained at $64,500. Prepare a statement of cash flows for 2025 . (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) Increase in Account Receivable Net Cash Provided by Operating Activities Cash Flows from Investing Activities Sale of Investments Purchase of Land Net Cash Provided by Investing Activities Cash Flows from Financing Activities Issuance of Common Stock Retirement of Notes Payable Payment of Cash Dividends Net Cash Provided by Financing Activities Net Increase in Cash Cash at Beginning of Year Cash at End of Year $