Blue Inc., a greeting card company, had the following statements prepared as of December 31, 2025. Blue Inc. Comparative Balance Sheet As of December 31, 2025 and 2024 12/31/25 12/31/24 Cash $6,100 $7,100 Accounts receivable 62,400 51.000 Short-term debt investments (available-for-sale) 34,700 18.100 Inventory 40,400 60,300 Prepaid rent 4,900 4.000 Equipment 154,100 130,600 Accumulated depreciation-equipment (34,900) (24,800) Copyrights 46,400 49,800 Total assets $314,100 $296,100 Accounts payable $46,500 $40,200 Income taxes payable 4.000 6.000 Salaries and wages payable 8.100 4.100 Short-term loans payable 7.900 10.100 Long-term loans payable Common stock, $10 par Paid-in capital, common stock 59,600 68,400 100,000 100,000 30,000 30,000 Retained earnings 58,000 37,300 Total liabilities and stockholders' equity $314,100 $296,100 Blue Inc. Income Statement For the Year Ending December 31, 2025 Sales revenue $339,800 Cost of goods sold 176,500 Gross profit 163,300 Operating expenses 120,500 Operating income 42,800 Interest expense $11,300 Gain on sale of equipment 2,000 9,300 Income before tax 33,500 Income tax expense 6,700 Net income $26,800 1. 2 Additional information: Dividends in the amount of $6,100 were declared and paid during 2025. Depreciation expense and amortization expense are included in operating expenses. 3. No unrealized gains or losses have occurred on the investments during the year. 4. Equipment that had a cost of $20,100 and was 70% depreciated was sold during 2025. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg-15,000 or in parenthesis es (15,000) BLUE INC. STATEMENT OF CASH FLOWS Adjustments to reconcile net income to