Novak Company reported $2025$ net income of $$158,800.$ During $2025,$ accounts receivable increased by $$18,000$ and accounts

payable increased by $$9,740.$ Depreciation expense was $$47,500.$

Prepare the cash flows from operating activities section of the statement of cash flows. $($Show amounts that decrease cash flow with

either a $-$ sign e$.$g$.-15,000$ or in parenthesis e$.$g$.(15,000).)$

NOVAK COMPANY

Statement of Cash Flows $($Partial$)$

Adjustments to reconcile net income to

$