Cash Flows from Financing Activities Principal Payment on Short-term Loan 1900 Principal Payment on Long-Term Loan Dividend Payments Net Cash Used by Financing Activities Net Decrease in Cash 900 Cash, January 1, 2025 Cash, December 31, 2025 $$000 GROUPER INC. STATEMENT OF CASH FLOWS For the Year Ended December 31, 2025 Cash Flows from Operating Activities Net Income $ 27600 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Amortization of Copyright Gain on Sale of Equipment Increase in Accounts Receivable Decrease in Inventory $ 23900 4400 \begin{tabular}{|r|} \hline-2000 \\ \hline \end{tabular} 11600 \begin{tabular}{|r|} \hline 20300 \\ \hline \end{tabular} Grouper Inc. Income Statement For the Year Ending December 31, 2025 \begin{tabular}{lrr} Salaries and wages payable & 8,000 & 3,900 \\ Short-term loans payable & 8,000 & 9,900 \\ Long-term loans payable & 59,400 & 68,800 \\ Common stock, $10 par & 100,000 & 100,000 \\ Paid-in capital, common stock & 30,000 & 30,000 \\ Retained earnings & 57,500 & 36,000 \\ \hline Total liabilities and stockholders' equity & $312,400 & $2294,700 \\ \hline \end{tabular} Grouper Inc., a greeting card company, had the following statements prepared as of December 31, 2025. Cash Flows from Financing Activities Principal Payment on Short-term Loan 1900 Principal Payment on Long-Term Loan Dividend Payments Net Cash Used by Financing Activities Net Decrease in Cash 900 Cash, January 1, 2025 Cash, December 31, 2025 $$000 GROUPER INC. STATEMENT OF CASH FLOWS For the Year Ended December 31, 2025 Cash Flows from Operating Activities Net Income $ 27600 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Amortization of Copyright Gain on Sale of Equipment Increase in Accounts Receivable Decrease in Inventory $ 23900 4400 \begin{tabular}{|r|} \hline-2000 \\ \hline \end{tabular} 11600 \begin{tabular}{|r|} \hline 20300 \\ \hline \end{tabular} Grouper Inc. Income Statement For the Year Ending December 31, 2025 \begin{tabular}{lrr} Salaries and wages payable & 8,000 & 3,900 \\ Short-term loans payable & 8,000 & 9,900 \\ Long-term loans payable & 59,400 & 68,800 \\ Common stock, $10 par & 100,000 & 100,000 \\ Paid-in capital, common stock & 30,000 & 30,000 \\ Retained earnings & 57,500 & 36,000 \\ \hline Total liabilities and stockholders' equity & $312,400 & $2294,700 \\ \hline \end{tabular} Grouper Inc., a greeting card company, had the following statements prepared as of December 31, 2025