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E4.16 (LO 2) (Preparation of a Statement of Cash Hlows) A comparative balance sheet for Shabbona Corporation is presented as follows. Additional information: 1. Net

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E4.16 (LO 2) (Preparation of a Statement of Cash Hlows) A comparative balance sheet for Shabbona Corporation is presented as follows. Additional information: 1. Net income for 2025 was $125,000. No gains or losses were recorded in 2020. 2. Cash dividends of $60,000 were declared and paid. 3. Bonds payable amounting to $50,000 were retired through issuance of common stock. Instructions a. Prepare a statement of cash flows for 2025 for Shabbona Corporation

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