CHEYENNE INC. STATEMENT OF CASH FLOWS \$ $ \begin{tabular}{lrr} Accounts payable & $46,000 & $39,700 \\ Income taxes payable & 4,000 & 5,900 \\ Salaries and wages payable & 8,100 & 4,100 \\ Short-term loans payable & 8,100 & 10,100 \\ Long-term loans payable & 59,900 & 68,600 \\ Common stock, $10 par & 100,000 & 100,000 \\ Paid-in capital, common stock & 30,000 & 30,000 \\ Retained earnings & 55,700 & 36,900 \\ \hline Total liabilities and stockholders' equity & $311,800 & $295,300 \\ \hline \end{tabular} Cheyenne Inc. Income Statement For the Year Ending December 31, 2025 Cheyenne Inc., a greeting card company, had the following statements prepared as of December 31, 2025. Additional information: 1. Dividends in the amount of $6,100 were declared and paid during 2025 . 2. Depreclation expense and amortization expense are included in operating expenses. 3. No unrealized gains or losses have occurred on the investments during the year. 4. Equipment that had a cost of $19,800 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 and financing sections that decrease cash flow with either a - sign e.3. 15,000 or in parenthesis e.g. (15,000).) Additional information: 1. Dividends in the amount of $6,100 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 investments during the year