Bramble, Inc. has prepared the following comparative balance sheets for 2024 and 2025: 2025 2024 Cash $375,060 $203,490 Accounts receivable 184,870 155,610 Inventory 199,500 239,400 Prepaid expenses 23,940 35,910 Plant assets 1,722,350 1,396,500 Accumulated depreciation (598,500) (498,750) Patents 203,490 231,420 $2,110,710 $1,763,580 Accounts payable $203,490 $223,440 Accrued liabilities 79,800 55,860 Mortgage payable - 598,500 Preferred stock 698,250 Additional paid-in capital-preferred 159,600 Common stock 798,000 798,000 Retained earnings 171,570 87,780 $2,110,710 $1,763,580 1. The Accumulated Depreciation account has been credited only for the depreciation expense for the period. 2. The Retained Earnings account has been charged for dividends of $183,540 and credited for the net income for the year. The income statement for 2025 is as follows: Sales revenue $2,633,400 Cost of sales 1,448,370 Gross profit 1,185,030 Operating expenses 917,700 Net income $267,330 From the information above, prepare a statement of cash flows (indirect method) for Bramble, Inc. for the year ended December 31, 2025. (Show amounts that decrease cash flow with either a negative sign e.g.-15,000 or in parenthesis e.g. (15,000).) BRAMBLE, INC. Statement of Cash Flows For the Year Ended December 31, 2025 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities : Depreciation Expense Patent Amortization Increase in Accounts Receivable LA 99,750 27,930 -29,260 Decrease in Inventory 39,900 Decrease in Prepaid Expenses 11,970 Decrease in Accounts Payable -19,950 Increase in Accrued Liabilities 23,940 267,330 Net Cash Provided by Operating Activities Cash Flows from Investing Activities Purchase of Plant Assets Net Cash Used by Investing Activities Cash Flows from Financing Activities Retirement of Mortgage Payable Sale of Preferred Stock Payment of Cash Dividend Net Cash Provided by Financing Activities Net Increase in Cash Cash, January 1, 2025 Cash, December 31, 2025 -325,850 -598,500 857,850 -183,540 +9 154,280 421,610 -325,850 75,810 171,570 203,490 375,060 From the information above, prepare a schedule of cash provided by operating activities using the direct method. BRAMBLE, INC. Schedule of Cash Provided by Operating Activities LA $ +A