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Land Company reported $ 5 3 7 , 0 0 0 of net income for 2 0 2 5 . The accountant, in preparing the

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Land Company reported $537,000 of net income for 2025. The accountant, in preparing the statement of cash flows, noted several items occurring during 2025 that might affect cash flows from operating activities. Oriole declared a $1.50 cash dividend. Ten thousand shares of $1 par common stock were outstanding at the date of record 2. Oriole revised its estimate for warranty expense. Before 2025Oriole's warranty expense was 0.5% of its net salesIn 2025 this percentage was increased to 0.7%Net sales for 2025 were $5,657,000, and the accrued warranty expense increased by $ 85,000 during 20253. Oriole sold 500 shares of treasury stock for $44 per share. The shares were originally purchased for $38 per share. 4. Depreciation expense is $ 153,0005Oriole issued 2,000 shares of its $1 par common stock for a building . The market value of the shares on the date of the transaction was $43 per share . Oriole holds 30% of Windy Company's common stock as a long -term investment Windy Company reported $99,300 of net income and paid dividends of $33,700 for 20257. Oriole purchased 500 shares of Microsoft common at $ 109 per share and classified the investment as available -for-sale . The market price increased to $116 per share by the end of the year. Prepare a schedule that shows the net cash flow from operating activities using the indirect method . Assume no items other than those listed above affected the computation of 2025 net cash flow from operating activities .(Show amounts that decrease cash flow with either signeg 15,000 or in parenthesis (15,000))
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