Question 2 of 3 Wildhorse Inc. Comparative Balance Sheets December 31 Liabilities and Stockholders' Equity \begin{tabular}{lrr} \hline Accounts payable & $71,400 & $47,110 \\ Accrued expenses payable & 11,550 & 14,700 \\ Bonds payable & 77,000 & 102,200 \\ Common stock & 154,000 & 122,500 \end{tabular} Chapter 12 Homework Question 2 of 3 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Bonds payable 77,000102,200 Common stock Retained earnings Total $477,750163,800$360,32573,815 Wildhorse Inc. Income Statement Data For the Year Ended December 31, 2025 Sales revenue $271,922 Less: Question 2 of 3 Additional information: 1. New plant assets costing $70,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $40,250 and accumulated depreciation of $33,950 were sold for $1,050 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $18,221 was declared and paid during the year. 5. Common stock was issued at par for cash. Additional information: 1. New plant assets costing $70,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $40,250 and accumulated depreciation of $33,950 were sold for $1,050 ca 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $18,221 was declared and paid during the year. 5. Common stock was issued at par for cash. 6. There were no significant noncash transactions: Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign 15,000 or in parenthesis e.g. (15,000). Question 2 of 3 15: Cash Flows from Operating Activities: Net lncome Adjustments to reconcile net income to Saved work will be auto-submitted on the due date. Autosubmission can take up to 10 minutes