:cember 31, 2025. \begin{tabular}{lrr} Common stock, \$10 par & 100,000 & 100,000 \\ Paid-in capital, common stock & 30,000 & 30,000 \\ Retained earnings & 56,300 & 37,700 \\ Total liabilities and stockholders' equity & $311,900 & $296,300 \\ \hline \end{tabular} Swifty Inc. Income Statement For the Year Ending December 31, 2025 \begin{tabular}{|c|c|c|} \hline \multicolumn{2}{|l|}{ Sales revenue } & $337,125 \\ \hline Cost of goods sold & & 176,500 \\ \hline Gross profit & & 160,625 \\ \hline Operating expenses & & 120,600 \\ \hline Operating income & & 40,025 \\ \hline Interest expense & $11,400 & \\ \hline Gain on sale of equipment & 2,000 & 9,400 \\ \hline Income before tax & & 30,625 \\ \hline Income tax expense & & 6,125 \\ \hline Net income & & $24,500 \\ \hline \end{tabular} Additionalinformation: 1. Dividends in the amount of $5,900 were declared and paid during 2025 , 2. Depreciation expense and amortization expense are included in operating expenses. 3. No unrealized gains or losses have occurred on the imvestments during the vear: 4. Equipment that had a cost of $20,000 and was 70% depreciated was sold during 2025 . Prepare a statement of cash flows using the direct method. (Do not prepare a reconciliation schedule.) (Show amounts in the investing