Comparative balance sheet accounts of Teal Inc. are presented below.

Teal Inc.

Comparative Balance Sheet Accounts

As of December $31,2025$ and $2024$

December $31$

$2025$

$2024$

Debit Accounts

Cash

$$42,300$

$$33,800$

Accounts Receivable

$71,100$

$59,900$

Inventory

$30,100$

$24,100$

Equity Investments

$22\mathrm{.}400$

$38,600$

Machinery

$30\mathrm{.}200$

$18,800$

Buildings

$67\mathrm{.}800$

$56,000$

Land

$7\mathrm{.}600$

$7\mathrm{.}600$

$$271\mathrm{.}500$

$$238,800$

Credit Accounts

Allowance for Doubtful Accounts

$$2\mathrm{.}200$

$$1,600$

Accumulated Depreciation$$Machinery

$5\mathrm{.}700$

$2\mathrm{.}300$

Accumulated Depreciation$-$Buildings

$13\mathrm{.}300$

$9\mathrm{.}100$

Accounts Payable

$35\mathrm{.}300$

$24\mathrm{.}700$

Accrued Payables

$3\mathrm{.}500$

$2\mathrm{.}600$

Long$-$Term Notes Payable

$20\mathrm{.}800$

$30,900$

Common Stock, no$-$par

$150\mathrm{.}000$

$125\mathrm{.}000$

Retained Earnings

$40\mathrm{.}700$

$42\mathrm{.}600$

$$271\mathrm{.}500$

$$238\mathrm{.}800$

Additional data $($ignoring taxes$)$:

$1.$ Net income for the year was $$44,300.$

$2.$ Cash dividends declared and paid during the year were $$21,200.$

$3.$ A $20\%$ stock dividend was declared during the year. $$25\mathrm{.}000$ of retained earnings was capitalized.

$4.$ Equity investments $($level of ownership is less than $20\%)$ that cost $$24,900$ were sold during the year for $$28,700.$ No unrealized gains and losses were recorded on these investments in $2025.$

$5.$ Machinery that cost $$3,700,$ on which $$750$ of depreciation had accumulated, was sold for $$2,150.$

Teal's $2025$ income statement follows $($ignoring taxes$).$

Sales revenue

Less: Cost of goods sold

Gross margin

Less: Operating expenses $($includes $$8,350$ depreciation and $$5,823$ bad debts$)$

Income from operations

Other: Gain on sale of investments

Loss on sale of machinery

Net income

$$543,100$

$381,100$

$162,000$

$120,700$

$41,300$

$$3,800$

$(800)$

$3,000$

$544,300$

$($a$)$

Compute net cash flow from operating activities using the direct method.

Net cash flow from operating activities