From the information given, prepare a statement of cash flows using the indirect method. A worksheet is not necessary, but the principal computations should be supported by schedules or general ledger accounts. The company uses straight-line amortization for bond interest. (Round answers to 0 decimal places, es. 2,500. Show amounts that decrease cash flow with either a - sign eg. - 15,000 or in Darenthesis as (15,000)) >>>>>>>>>>>>>>>>> You have completed the field work in connection with your audit of Whispering Corporation for the year ended December 31,2025. The balance sheet accounts at the beginning and end of the year are shown below. Your working papers from the audit contain the following information: 1. OnApril 1,2025, the existing deficit was written off against paid-in capital created by reducing the stated value of the no-par stock. 2. On November 1, 2025,34,040 shares of no-par stock were sold for $295,550. The board of directors voted to regard $5 per share as stated capital. 3. A patent was purchased for $17,250. 4. During the year, machinery that had a cost basis of $18,860 and on which there was accumulated depreciation of $5.980 was sold for $10,350. No other plant assets were sold during the vear. 5. The 12%,20-year bonds were dated and issued on January 2, 2013. Interest was payable on June 30 and December 31 . They were sold originally at 106. These bonds were redeemed at 100.9 plus accrued interest on March 31,2025. 6. The 8\%, 40-year bonds were dated January 1, 2025, and were sold on March 31 at 97 plus accrued interest, Interest is payable semiannually on June 30 aod December 31 . Expense of issuance was $965. 7. Whispering Corporation acquired 70% control in Crimson Company on January 2, 2025, for $115,000. The income statement of Crimson Company for 2025 shows a net income of $17,250. 6. Major repairs to buildings of $8,280 were charged to Accumulated Depreciation-Buildings. 9. Interest paid in 2025 was $12,075 and income taxes paid were $39,100. Patents 79,350 73,600 5.750 Copyrights 46,000 57,500 (11,500) Bond discount and issue costs 5,177 0 5,17? $2,900,335 $2,340,480 $559,855 Income taxes payable Accounts payable Dividends payable Bonds payable 8% Bonds payable 12% Allowance for doubtful accounts Accumulated depreciation-buildings Accumulated depreciation-machinery Premium on bonds payable Commonstock-nopar $103,788 344,172 80,500 143,750 0 40,595 487,600 198,950 0 1,352,630 $91,540 322,000 0 0 115,000 46,000 460,000 149,500 2,760 1,671,180 $12,248 22,172 80.500 143,750 (115,000) (5,405) 27,600 49,450 (2.760) (318,550) From the information given, prepare a statement of cash flows using the indirect method. A worksheet is not necessary, but the principal computations should be supported by schedules or general ledger accounts. The company uses straight-line amortization for bond interest. (Round answers to 0 decimal places, es. 2,500. Show amounts that decrease cash flow with either a - sign eg. - 15,000 or in Darenthesis as (15,000)) >>>>>>>>>>>>>>>>> You have completed the field work in connection with your audit of Whispering Corporation for the year ended December 31,2025. The balance sheet accounts at the beginning and end of the year are shown below. Your working papers from the audit contain the following information: 1. OnApril 1,2025, the existing deficit was written off against paid-in capital created by reducing the stated value of the no-par stock. 2. On November 1, 2025,34,040 shares of no-par stock were sold for $295,550. The board of directors voted to regard $5 per share as stated capital. 3. A patent was purchased for $17,250. 4. During the year, machinery that had a cost basis of $18,860 and on which there was accumulated depreciation of $5.980 was sold for $10,350. No other plant assets were sold during the vear. 5. The 12%,20-year bonds were dated and issued on January 2, 2013. Interest was payable on June 30 and December 31 . They were sold originally at 106. These bonds were redeemed at 100.9 plus accrued interest on March 31,2025. 6. The 8\%, 40-year bonds were dated January 1, 2025, and were sold on March 31 at 97 plus accrued interest, Interest is payable semiannually on June 30 aod December 31 . Expense of issuance was $965. 7. Whispering Corporation acquired 70% control in Crimson Company on January 2, 2025, for $115,000. The income statement of Crimson Company for 2025 shows a net income of $17,250. 6. Major repairs to buildings of $8,280 were charged to Accumulated Depreciation-Buildings. 9. Interest paid in 2025 was $12,075 and income taxes paid were $39,100. Patents 79,350 73,600 5.750 Copyrights 46,000 57,500 (11,500) Bond discount and issue costs 5,177 0 5,17? $2,900,335 $2,340,480 $559,855 Income taxes payable Accounts payable Dividends payable Bonds payable 8% Bonds payable 12% Allowance for doubtful accounts Accumulated depreciation-buildings Accumulated depreciation-machinery Premium on bonds payable Commonstock-nopar $103,788 344,172 80,500 143,750 0 40,595 487,600 198,950 0 1,352,630 $91,540 322,000 0 0 115,000 46,000 460,000 149,500 2,760 1,671,180 $12,248 22,172 80.500 143,750 (115,000) (5,405) 27,600 49,450 (2.760) (318,550)