Buffalo Corporation has contracted with you to prepare a statement of cash flows. The controller has provided the following information. Additional data related to 2025 are as follows. 1. Equipment that had cost $10,900 and was 30% depreciated at time of disposal was sold for $2,500. 2. $5,000 of the long-term note payable was paid by issuing common stock. 3. Cash dividends paid were $4,900. 4. On January 1, 2025, the building was completely destroyed by a flood. Insurance proceeds on the building were $32,600 (net of $4,000 taxes). 5. Equity investments (ownership is less than 20% of total shares) were sold at $1,500 above their cost. No unrealized gains or losses were recorded in 2025. 6. Cash of $15,100 and a long-term note for $16,000 were given for the acquisition of equipment. 7. Interest of $2,000 and income taxes of $5,000 were paid in cash. (a) Use the indirect method to analyze the above information and prepare a statement of cash flows for Buffalo. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) Supplemental disclosures of cash flow information: $ $ $ $ Buffalo Corporation has contracted with you to prepare a statement of cash flows. The controller has provided the following information. Additional data related to 2025 are as follows. 1. Equipment that had cost $10,900 and was 30% depreciated at time of disposal was sold for $2,500. 2. $5,000 of the long-term note payable was paid by issuing common stock. 3. Cash dividends paid were $4,900. 4. On January 1, 2025, the building was completely destroyed by a flood. Insurance proceeds on the building were $32,600 (net of $4,000 taxes). 5. Equity investments (ownership is less than 20% of total shares) were sold at $1,500 above their cost. No unrealized gains or losses were recorded in 2025. 6. Cash of $15,100 and a long-term note for $16,000 were given for the acquisition of equipment. 7. Interest of $2,000 and income taxes of $5,000 were paid in cash. (a) Use the indirect method to analyze the above information and prepare a statement of cash flows for Buffalo. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) Supplemental disclosures of cash flow information: $ $ $ $