Kingbird Inc. had the following balance sheet at December 31, 2024. Kingbird Inc. Balance Sheet December 31, 2024 Cash $23,690 Accounts payable $ 33,690 Accounts receivable 24,890 Bonds payable 44,690 Investments 32,000 Common stock 103,690 Plant assets (net) 84,690 Retained earnings 26,890 Land 43,690 $208,960 $208,960 During 2025, the following occurred. Kingbird liquidated its available-for-sale debt investment portfolio at a loss of $8,690. 1. 2. A tract of land was purchased for $41,690. 3. An additional $30,000 in common stock was issued at par. 4. Dividends totaling $13,690 were declared and paid to stockholders. 5. Net income for 2025 was $38,690, including $15,690 in depreciation expense. 6. Land was purchased through the issuance of $33,690 in additional bonds. 7. At December 31, 2025, Cash was $73,890, Accounts Receivable was $45,690, and Accounts Payable was $43,690. Prepare a statement of cash flows for the year 2025 for Kingbird. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) KINGBIRD INC. Statement of Cash Flows Adjustments to reconcile net income to > > $ +A $