Bramble, Inc. has prepared the following comparative balance sheets for 2024 and 2025: 2025 2024 Cash...

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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 Adjustments to reconcile net income to EA $ > > > > 69 > > > > > $ 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 Adjustments to reconcile net income to EA $ > > > > 69 > > > > > $