Cullumber Company had available at the end of $2025$ the following information.Prepare a statement of cash flows for Cullumber Company using the direct method accompanied by a reconciliation schedule. Assume

the short$-$term investments are debt securities$,$ classified as available$-$for$-$sale. $($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$.(15,000).)$

CULUMBER COMPANY

Statement of Cash Flows

For the Year Ended December $31,2025$

$($Direct Method$)$

Cash Flows from Operating Actlvitles

Cash receipts:

Cash Recelved from Customers

$

$

Cash payments:

Cash Pald to Suppliers

Cash Pald for Operating Expenses

Cash Fald for Taxes

Cash Flows from Imesting Actlvitles

Purchase of Short$-$Term Investments

Purchase of Equlpment

Net Cash Provided by Investing Actlvitles

Cullumber Company

Comparative Balance Sheets

As of December $31,2025$ and $2024$