Condensed financial data of Culver Corp. for 2025 and 2024 are presented below. \begin{tabular}{|c|c|} \hline Bonds payable & 830 \\ \hline Capital stock & 1,520 \\ \hline \multirow[t]{2}{*}{ Retained earnings } & 2,270 \\ \hline & $5,710 \\ \hline \end{tabular} CULVER CORP. INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2025 \begin{tabular}{lr} Sales & $15,240 \\ Cost of goods sold & 10,390 \\ \cline { 2 - 2 } Gross margin & 4,850 \\ Selling and administrative expenses & 1,215 \\ Income from operations & 3,635 \\ Other revenues and gains & \\ Loss on sale of investments & 40 \\ \hline Income before tax & 3,595 \end{tabular} Additional information: During the year, $100 of common stock was issued in exchange for land. No plant assets were sold in 2025. Prepare a statement of cash flows using the direct method. (Show amounts in the investing and financing sections that decrease cash flow with either d - signes. 15,000 or in parenthesises (15,000).) CULVER CORP. Statement of Cash Flows For the Year Ended December 31, 2025 (Direct Method) Cash Flows from Operating Activities Cash Collections from Customers $15070 Less Cash Paid for Merchandise $ Cash Paid for Income Taxes Cash Paid for Selling/Administrative Expenses Net Cash Provided by Operating Activities Net Cash Provided by Operating Activities Cash Flows from Investing Activities Sale of Investments Purchase of Plant Assets Net Cash Used by Investing Activities Cash Flows from Financing Activities Payment of Cash Dividends Retirement of Bonds Parable Net Cash Used by Financing Activities \begin{tabular}{|r|r|} \hline & 150 \\ \hline \end{tabular} Net Increase in Cash