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Natalie has prepared the balance sheet and income statement of Cookie & Coffee Creations Inc. and would like you to prepare the statement of cash

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Natalie has prepared the balance sheet and income statement of Cookie \& Coffee Creations Inc. and would like you to prepare the statement of cash flows. The comparative balance sheet of Cookie \& Coffee Creations inc. at October 31 for the years 2026 and 2025 , Preferred stock, no par, $6 cumulative, 3,000 and 2,800 shares issued, respectively 15,00014,000 Common stock, $1 par-25,930 shares issued and outstanding Additional paid-in capital-treasury stock Retained earnings Less: Treasury stock Total liabilities and stockholders' equity COOKIE \& COFFEE CREATIONS INC. Income Statement Year Ended October 31, 2026 Sales $485,625 CostofgoodssoldGrossprofit222,694262,931 Operating expenses Salaries and wages expense $147,979 Depreciation expense 17,600 Other expenses Interest expense: $413 Additional information: 1. Equipment (cost $4,500 and book value $3,000 ) was disposed of at the beginning of the year for $500 cash and replaced with new equipment purchased for $4,000 cash. 2. Additional equipment was bought for $14,000 on November 1, 2025. A $2,000 cash down-payment was made and a $12,000 note payable was signed. The terms provide for equal semi-annual instaliment payments of $2,000 on May 1 and November 1 of each year, plus interest of 5% on the outstanding principal balance. 3. Other equipment was bought for $13,000 cash. 4. Dividends were deciared on the preferred and common stock on October 15, 2026, to be paid on November 15,2026 . The prior year declared dividend was paid in November, 2025. 5. Accounts payable relate only to merchandise creditors. 6. Prepaid expenses relate only to other operating expenses. Prepare a statement of cash flows for Cookie \& Coffee Creations Inc. for the year ended October 31,2026 , using the indirect

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