Quality Kitchen Company's 2026 single-step income statement and comparative balance sheet are provided below: QUALITY KITCHEN COMPANY Income Statement Year Ended December 31, 2026 Revenue.. Expenses Cost of goods sold. Salaries. Other operating expense Depreciation expense. Interest. Income taxes. Profit... Cash. Accounts receivable Inventory. Prepaid expenses. Land Building and equipment - cost Accumulated depreciation..... Total assets.. QUALITY KITCHEN COMPANY Balance Sheet December 31 Assets $ 493,500 189,000 73,500 25,000 13,000 18,000 812,000 $ 108,000 2026 $ 920,000 2025 $14,000 $10,000 29,000 24,000 17,000 2,000 13,500 2,000 250,000 250,000 497,000 422,000 (150,000) (125.000) $ 655.500 $ 600.000 Lallo Building and equipment-cost. Accumulated depreciation. Total assets. Accounts payable. Taxes payable.. Interest payable. Salaries payable. Long-term debt. Common shares. Retained earnings Liabilities and Shareholders' Equity Total liabilities and shareholders' equity 250,000 250,000 497,000 422,000 (150.000) (125,000) $ 655,500 $ 600.000 Additional information: 1. No new long-term debt was taken during the year. 2. New equipment was purchased, and none was sold. 3. Common shares were issued for cash. $25,900 $22,400 1,000 3,000 1,500 2,500 8,000 5,000 234,000 260,000 120,000 100,000 265.100 207.100 $655.500 $ 600.000 4. Cash dividends were paid to common shareholders. 5. All operating expenses were paid in the period incurred. Required: Prepare the cash flow statement for 2026, using the direct method.