Pronghorn Corporation Balance Sheet Assets $ $ : Liabilities and Stockholders' Equity $ Pronghorn Corporation Statement of Cash Flows For the Year Ended December 31, 2025 Cash Flows from Operating Activities Net Income $57680 Adjustments to reconcile net income to Net Cash Provided by Operating Activities V Net Cash Provided by Operating Activities 438062060 Cash Flows from Investing Activities Net Cash Used by Investing Activities Cash Flows from Financing Activities \begin{tabular}{lr} Issuance of Bonds & 51130 \\ \hline Payment of Dividends & 30000 \\ \hline Purchase of Treasury Stock & 11000 \\ \hline \end{tabular} Net Cash Provided by Financing Activities 10130 Net Increase in Cash Pronghorn Corporation's balance sheet at the end of 2024 included the following items. The following information is available for 2025. 1. Net income was $57,680. 2. Equipment (cost $21,440 and accumulated depreciation $9,440 ) was sold for $11,440. 3. Depreciation expense was $5,440 on the building and $10,440 on equipment. 4. Patent amortization was $2,500. 5. Current assets other than cash increased by $29,000. Current liabilities increased by $14,440. 6. An addition to the building was completed at a cost of $28,440. 7. A long-term investment in stock was purchased for $16,000. 8. Bonds payable of $51,130 were issued. 9. Cash dividends of $30,000 were declared and paid. 10. Treasury stock was purchased at a cost of $11,000