Flint Inc., a greeting card company, had the following statements prepared as of December 31, 2025. \begin{tabular}{lrrr} Common stock, \$10 par & 100,000 & 100,000 \\ Paid-in capital, common stock & 30,000 & 30,000 \\ Retained earnings & 57,100 & 37,800 \\ Total liabilities and stockholders' equity & $312,900 & $297,100 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{\begin{tabular}{l} Flint Inc. \\ Income Statement \\ For the Year Ending December 31, 2025 \end{tabular}} \\ \hline Sales revenue & & $336,150 \\ \hline Cost of goods sold & & 174,100 \\ \hline Gross profit & & 162,050 \\ \hline Operating expenses & & 120,800 \\ \hline Operating income & & 41,250 \\ \hline Interest expense & $11,400 & \\ \hline Gain on sale of equipment & 1,900 & 9,500 \\ \hline Income before tax & & 31,750 \\ \hline Income tax expense & & 6,350 \\ \hline Net income & & $25,400 \\ \hline \end{tabular} Additional information: 1. Dividends in the amount of $6,100 were declared and paid during 2025 . 2. Depreciation expense and amortization expense are included in operating expenses. 3. No unrealized gains or losses have occurred on the investments during the year. 4. Equipment that had a cost of $20,200 and was 70% depreciated was sold during 2025 . Prepare a statement of cash flows using the direct method. (Do not prepare a reconciliation schedule.) (Show amounts in and financing sections that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) Cash Payments for Operating Expenses Cash Payments for Interest Cash Payments for Income Taxes Net Cash Used by Operating Activities Cash Flows from Investing Activities Principal Payment on Short-Term Loan Purchase of Equipment Sale of Equipment Net Cash Used by Imvesting Activities Cash Flows from Financing Activities Principal Payment on Short-Term Loan Principal Payment on Long-Term Loan Dividend Payments Cash Flows from Financing Activities Principal Payment on Short-Term Loan Principal Payment on Long-Term Loan Dividend Payments Net Cash Used by Financing Activities Net Increase in Cash Cash, January 1, 2025 Cash, December 31, 2025