RWP$11-1($Algo$)$ Great Adventures Continuing Case

The income statement, balance sheets, and additional information for Great Adventures, Incorporated, are provided below.

Additional Information for $2025$ :

Land of $$880,000$ was obtained by issuing a note payable to the seller.

Buildings of $$914,000$ and equipment of $$42,140$ were purchased using cash.

Monthly payments during the year reduced notes payable by $$10,767.$

Issued common stock for $$1,380,000.$

Purchased $13,800$ shares of treasury stock for $$34$ per share.

Sold $7,800$ shares of treasury stock at $$35$ per share.

Declared and paid a cash dividend of $$15,960.$

Required:

Prepare the statement of cash flows for the year ended December $31,2025,$ using the indirect method. $($Amounts to be deducted,

cash outflows, and any decrease in cash should be indicated with a minus sign.$)$