Condensed financial data of Swifty Company for 2025 and 2024 are presented below. Condensed financial data of Swifty Company for 2025 and 2024 are presented below. Accounts payable Accrued liabilities Bonds payable \begin{tabular}{rrr} $1,170 & $880 \\ 190 & 240 \\ 1,390 & 1,540 \\ 1,910 & 1,730 \\ 2,460 & & 1,860 \\ \cline { 1 - 1 } & & $6,250 \\ \hline \end{tabular} Swifty Company Income Statement For the Year Ended December 31, 2025 Sales revenue $7,020 Cost of goods sold Gross margin 2,2404,780 \begin{tabular}{lr} Selling and administrative expense & 910 \\ \cline { 2 - 2 } Income from operations & 1,330 \end{tabular} Swifty Company Income Statement For the Year Ended December 31, 2025 Sales revenue Cost of goods sold Gross margin $7,0204,7802,240 Selling and administrativ Income from operations 1,330910 Other revenues and gains \begin{tabular}{lr} 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 \\ \hline \hline \end{tabular} Additional information: 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 indirect method. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) SWIFTY COMPANY STATEMENT OF CASH FLOWS For the Year Ended December 31, 2025 (Indirect Method) Cash Flows from Operating Activities Net Income $860 Adjustments to reconcile net income to Net Cash Provided by Operating Activities : Depreciation Expense $ Depreciation Expense Gain on Sale of Investments \begin{tabular}{|r|} \hline \\ \hline \end{tabular} Increase in Accounts Receivable \begin{tabular}{|r|} \hline 500 \\ \hline \end{tabular} Decrease in Inventory 310 Increase in Accounts Payable 290 Cash Flows from Operating Activities Net Income $860 Adjustments to reconcile net income to Net Cash Provided by Operating Activities : Depreciation Expense $ 30 Gain on Sale of Investments \begin{tabular}{|} \hline 0 \\ \hline \end{tabular} Increase in Accounts Receivable \begin{tabular}{|r|} \hline 500 \\ \hline \end{tabular} Decrease in Inventory 310 Increase in Accounts Payable 290 Decrease in Accrued Liabilities \begin{tabular}{|r|} \hline 50 \\ \hline \end{tabular} \begin{tabular}{|} \hline 540 \\ \hline \end{tabular} \begin{tabular}{|r|} \hline 540 \\ \hline \end{tabular} Net Cash Provided by Operating Activities Cash Flows from Investing Activities Purchase of Plant Assets 160 Sale of Investments \begin{tabular}{r|} \hline 140 \\ \hline \end{tabular} Net Cash Provided by Investing Activities 20 Cash Flows from Financing Activities Payment of Cash Dividends 150 Redemption of Bonds Payable 100 Issuance of Capital Stock 260 Cash Flows from Financing Activities Payment of Cash Dividends \begin{tabular}{|r|} \hline 150 \\ \hline \end{tabular} Redemption of Bonds Payable 100 Issuance of Capital Stock \begin{tabular}{rr|} \hline 260 \\ \hline \end{tabular} Net Cash Used by Financing Activities \begin{tabular}{|r|} \hline \\ \hline \\ \hline \end{tabular} Net Increase in Cash \begin{tabular}{|r|} \hline \\ \hline \end{tabular} Cash, January 1, 2025 \begin{tabular}{|r|} \hline 580 \\ \hline \end{tabular} Cash, December 31, 2025 Noncash Investing and Financing Activities Issuance of Common Stock for Plant Assets $1760 Net Cash Used by Financing Activities \begin{tabular}{|r|} \hline \\ \hline \\ \hline \end{tabular} Net Increase in Cash 310 Cash, January 1, 2025 \begin{tabular}{l} \hline 580 \\ \hline$1180 \\ \hline \end{tabular} Noncash Investing and Financing Activities ^ Issuance of Common Stock for Plant Assets ^ \begin{tabular}{r|} \( \$ \lcm{1760} \) \\ \hline \hline \end{tabular}