Condensed financial data of Vaughn Company for $2025$ and $2024$ are presented below.

Additional information:

During the year, $\backslash$$$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. $([$ho not prepare a reconciliation schedule.$)($Show omownts inthe investing and financing sections that decrease cosh flow with either $\backslash ($ a $\backslash )-$signe.g$.\backslash (-15,000\backslash )$ or in porenthesis e$.$g$.\backslash (\backslash \{15,0001\backslash ).)$

VAUGHN COMPANY

STATEMENT OF CASH FLOWS

$($Direct Method$)$ VAUEHN COMPANY

STATEMENT OF CASH FLOWS

For the Year Ended December $31,2025$

$($Direct Method$)$

$\backslash (\backslash )$

Cash Paid for Selling$/$Administrative Expenses