Current Attempt in Progress Teal Corporation's balance sheet at the end of 2024 included the following items. Current assets (Cash $82,000) $236,060 Current liabilities $151,060 Land 32,090 Bonds payable 101,060 Buildings 121,060 Common stock 182,090 Equipment 92,090 Retained earnings 46,090 Accum. depr-buildings (31,060) Total $480,300 Accum. depr-equipment (11,000) Patents 41,060 Total $480,300 The following information is available for 2025. 1. Net income was $55,150. 2. Equipment (cost $21,060 and accumulated depreciation $9,060) was sold for $11,060. 3. Depreciation expense was $5,060 on the building and $10,060 on equipment. 4. Patent amortization was $2,500. 5. Current assets other than cash increased by $29,000. Current liabilities increased by $14,060. 6. An addition to the building was completed at a cost of $28,060. 7. A long-term investment in stock was purchased for $16,000. 8. Bonds payable of $52,090 were issued. 9. Cash dividends of $30,000 were declared and paid. 00 10. Treasury stock was purchased at a cost of $11,000. Question 9 of 10 < > 6/12 Prepare a statement of cash flows for 2025. (Show amounts that decrease cash flow with either a-sign eg-15,000 or in parenthesis eg. (15,000)) Teal Corporation Statement of Cash Flows For the Year Ended December 31, 2025 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense 15120 Patent Amortization 2500 Loss on Sale of Equipment 940 increase in Current Assets (Other than Cashv -29000 Increase in Current Liabilities 14060 Net Cash Provided by Operating Activities v Cash Flows from Investing Activities Sale of Equipment Addition to Building Investment in Stock Net Cash Used by Investing Activities Cash Flows from Financing Activities Payment of Dividends suance of Bonds Purchase of Treasury Stock Net Cash Provided by Financing Activis 12060 -28060 -20000 -30000 52090 11000 55150 3620 58770 33000 11090 Payment of Dividends Issuance of Bonds hl Purchase of Treasury Stock Net Cash Provided by Financing Activities Net Increase in Cash Cash at Beginning of Period Cash at End of Period eTextbook and Media Solution List of Accounts -30000 52090 11000 11090 36860 82000- 118860 Attempts: 4 of 4 used Prepare a balance sheet at December 31, 2025 (Show only totals for current assets and current liabilities.) (List Property, Plant, and Equipment in order of Land, Buildings, and Equipment. Enter account name only and do not provide the descriptive information provided in the question.) nt Assets I Teal Corporation Balance Sheet December 31, 2025 Assets Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity