Kisha opened an Office Cleaning Service company on January $1,2025.$ During the year she had the following transactions.

a$.$ She started the business with investing $$25,000$ of her own money $($business was organized as corporation$)$

b$.$ Purchased $$18,000$ of furniture and equipment. Paid $$14,000$ in cash and the rest was on account.

c$.$ Purchased a truck for $$35,000$ for business use. Paid $$5,000$ in cash and signed a $3-$year note for the rest.

d$.$ Borrowed $$20,000$ from the bank by issuing a $5-$year note.

e$.$ During the year, provided $$90,000$ services to customers of which $$75,000$ was collected, the rest was not yet collected as of Dec. $31$st$.$

f$.$ During the year, she incurred $$65,000$ of salaries and wages expenses of which $$5,000$ was still not paid as of Dec. $31$st$.$

g$.$ During the year, she paid $$5,000$ to the bank of which $$3200$ was for interest and the rest was for payment of the principal of the loan.

h$.$ During the year, she took $$3,000$ as dividend $($dividends paid to shareholders$).$

i$.$ During the year, purchased $$6,000$ of supplies in cash.

j$.$ During the year collected $$1,500$ interest from the bank.

k$.$ During the year paid $$8,000$ for renting office space.

l$.$ She sold $$1200$ of unnecessary equipment in cash at cost$.$

m$.$ She collected $$3,000$ from a customer in advance for services to be rendered next year.

n$.$ During the year paid $$1,700$ income taxes to IRS.

o$.$ A physical inventory revealed only $$1000$ of the supplies was left on Dec. $31$st$.$

p$.$ Depreciation expense for the year was $$2,500.$

Compute and provide answers to the following questions.

Example of Answer: $4000$ No comma, space, decimal point, or $ sign.

Show net loss or negative net cash flows with minus. Example: $-4000$

Total operating revenues for the year $=$

Total operating expenses for the year $=$

Income from operations for the year $=$

Net income or Net Loss for the year $=$

Retained Earnings as of Dec. $31$st $=$

Total Current Assets as of Dec. $31$st$.=$

Total Current Liabilities as of Dec. $31$st$.=$

Net cash flows from operating activities $=$

Net cash flows from investing activities $=$

Net cash flow from financing activities $=$

Question $3(20$ points$)$

Question $3$ options:

The following selected accounts from the Rose Merchandising Company's general ledger are presented below in alphabetic order for the year ended December $31,2025$: