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Pronghorn Corporation's comparative balance sheets are presented below. Pronghorn Corporation Comparative Balance Sheets December 31 2025 2024 Cash $18,300 $11,200 Accounts receivable 21,600 24,700 Land
Pronghorn Corporation's comparative balance sheets are presented below. Pronghorn Corporation Comparative Balance Sheets December 31 2025 2024 Cash $18,300 $11,200 Accounts receivable 21,600 24,700 Land 21,500 27,700 Buildings 76,000 76,000 Accumulated depreciation-buildings (15,400) (11,700) Total $122,000 $127,900 Accounts payable $12,200 $31,800 Common stock 77,000 68,000 Retained earnings 32,800 28,100 Total $122,000 $127,900 Additional information: 1. Net income was $24,100. Dividends declared and paid were $19,400. 2. No noncash investing and financing activities occurred during 2025. 3. The land was sold for cash of $4,400.Prepare a statement of cash flows for 2025 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) PRONGHORN CORPORATION Statement of Cash Flows - Indirect Method Net Income Adjustments to reconcile net income to
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