Pronghorn Inc., a greeting card company, had the following statements prepared as of December 31, 2025.

Required:

Prepare a statement of cash flows using the direct method.

 
 
 

Cash Pronghorn Inc. Comparative Balance Sheet As of December 31, 2025 and 2024 Accounts receivable Short-term debt investments (available-for-sale) Inventory. Prepaid rent Equipment Accumulated depreciation-equipment Copyrights Total assets 12/31/25 $6,000 61,700 34,900 39,700 4,900 155,500 (35,100) 46,500 $314,100 12/31/24 $7,000 51,200 18,000 60,400 4,000 128,900 (25,000) 50,400 $294,900