Ellue Spruce Corp's comparative balance sheets are as follows.

$\backslash$table$[[\backslash$table$[[$Blue Spruce Corp.$],[$Comparative Balance Sheets$],[$December $32]]],[,2022,2021],[$Cash$,$$$16\mathrm{.}600,$$$17\mathrm{.}700$

Additional information:

Net income for $2025$ was $$120,900.$

Depreciation expense was $$44,200.$

Cash dividends of $$50,700$ were declared and paid.

Bonds payable with a carrying value of $$65,000$ were redeemed for $$65,000$ cash.

Common stock was issued at par for $$54,600$ cash.

No equipment was sold during $2025.$

Land was sold for its book value.

Prepare a statement of cash flows for $2025$ using the indirect method. $($Show amounts that decrease cash flow with either $a-$ sign eg$.-45,000,$ or in parenthesis e$.$g$.(45,000).$

The following are comparative balance sheets for Blue Spruce Company.

$\backslash$table$[[\backslash$table$[[$Blue Spruce Company$],[$Comparative Balance Sheeks$],[$December $31]]],[$Assets$,2025,2024],[,],[$Cash$,$$$88,400,$$$28,600$