Condensed financial data of Grouper Company for 2025 and 2024 are presented below. Grouper Company Comparative Balance Sheet As of December 31, 2025 and 2024 2025 2024 Cash $1,760 $1,180 Receivables Inventory 1,780 1,280 1,610 1,920 Plant assets 1,880 1,660 Accumulated depreciation (1,220) (1,190) Long-term investments (held-to-maturity) 1,310 1,400 $7,120 $6,250 Accounts payable $1,170 $880 Accrued liabilities 190 240 Bonds payable 1,390 1,540 Common stock 1,910 1,730 Retained earnings 2,460 1,860 $7,120 $6,250 Grouper Company Income Statement For the Year Ended December 31, 2025 Sales revenue $7,020 Cost of goods sold 4,780 Gross margin 2,240 Selling and administrative expense 910 Income from operations 1,330 Other revenues and gains Gain on sale of investments 70 Income before tax 1,400 Income tax expense 540 Net income 860 Cash dividends 260 Income retained in business $600 Additional information: During the year, $80 of common stock was issued in exchange for plant assets. No plant assets were sold in 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.g. -15,000 or in parenthesis e.g. (15,000).) GROUPER COMPANY STATEMENT OF CASH FLOWS For the Year Ended December 31, 2025 (Direct Method) Cash Flows from Operating Activities Cash Receipts from Customers Less : Cash Paid to Suppliers Cash Paid for Income Taxes Cash Paid for Selling/Administrative Expenses Net Cash Provided by Operating Activities Cash Flows from Investing Activities Purchase of Plant Assets Sale of Investments Net Cash Provided by Investing Activities +A -70 $ 860 Cash Flows from Financing Activities Redemption of Bonds Payable Payment of Cash Dividends Issuance of Capital Stock Net Cash Used by Financing Activities Net Increase in Cash Cash, January 1, 2025 Cash, December 31, 2025 Noncash Investing and Financing Activities Issuance of Common Stock for Plant Assets $ $