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Condensed financial data of Sarasota Company for 2025 and 2024 are presented below. Accounts payable Accrued liabilities Bonds payable $1,1802001,370$9202601,550 Common stock begin{tabular}{rrr} 1,930 &
Condensed financial data of Sarasota Company for 2025 and 2024 are presented below. Accounts payable Accrued liabilities Bonds payable $1,1802001,370$9202601,550 Common stock \begin{tabular}{rrr} 1,930 & 1,670 \\ 2,390 & & 1,930 \\ & & $6,330 \\ \hline \end{tabular} Sarasota Company Income Statement For the Year Ended December 31, 2025 Sales revenue $6,800 Cost of goods sold Gross margin 2,1004,700 SellingandadministrativeexpenseIncomefromoperations9101,190 Other revenues and gains Gain on sale of investments Income before tax 1,270 Income tax expense Net income 720 Additional information: During the year, $70 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 indirect method. (Show amounts that decreose cash flow with either a - sign eg. 15,000 or in parenthesiseg (15,000)
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