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Condensed Financial Data of Denbury Resources, Inc. appear below: Assets Cash & Cash Equivalents Accounts Receivable 2025 2024 $78,900 $31,880 72,600 26,000 Inventory Prepaid

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Condensed Financial Data of Denbury Resources, Inc. appear below: Assets Cash & Cash Equivalents Accounts Receivable 2025 2024 $78,900 $31,880 72,600 26,000 Inventory Prepaid Expenses Long-Term Investments Plant Assets 90,000 82,280 14,700 13,000 86,000 75,000 216,000 194,000 Accumulated Depreciation (40,000) (42,000) $518,200 $380,160 Liabilities & Stockholders' Equity Accounts Payable $74,000 $53,800 Accrued Expenses Payable 13,200 14,000 Bonds Payable 68,000 88,000 Common Stock 144,000 120,000 APIC - Common Stock 32,000 20,000 Retained Earnings 187,000 84,360 $518,200 $380,160 Income Statement 2025 Sales $274,220 Less: COGS (92,370) Operating Expenses (47,130) Income Tax Expenses (5,820) Interest Expense (2,180) Loss on Sale of Plant Assets (6,000) Net Income $120,720 Additional Information: New Plant Assets were purchased for cash during the year. Old Plant Assets having an original cost of $46,000 were sold for $1,200 cash. Bonds matured and were paid off at face value for cash. A cash dividend was declared and paid during the year. Using the Indirect Method, calculate the Cash Flows from Financing for December 31, 2025:

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