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RWP11-1 (Algo) Great Adventures Continuing Case The income statement, balance sheets, and additional information for Great Adventures, Incorporated, are provided below. Aodruonal intormation for 2025
RWP11-1 (Algo) Great Adventures Continuing Case The income statement, balance sheets, and additional information for Great Adventures, Incorporated, are provided below. Aodruonal intormation for 2025 : 1. Land of $660,000 was obtained by issuing a note payable to the seller. 2. Buildings of $848,000 and equipment of $30,480 were purchased using cash: 3. Monthly payments during the year reduced notes payable by $8,074. 4. Issued common stock for $1,160,000. Additional Information for 2025: 1. Land of $660,000 was obtained by issuing a note payable to the seller. 2. Buildings of $848,000 and equipment of $30,480 were purchased using cash. 3. Monthly payments during the year reduced notes payable by $8,074. 4. Issued common stock for $1,160,000. 5. Purchased 11,600 shares of treasury stock for $23 per share. 6 . Sold 5,600 shares of treasury stock at $24 per share. 7. Declared and paid a cash dividend of $13,320. Required: Prepare the statement of cash flows for the year ended December 31, 2025, using the indirect method. (Amounts to be cash outflows, and any decrease in cash should be indicated with a minus sign.) \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ GREAT ADVENTURES, INCORPORATED } \\ \hline \multicolumn{3}{|c|}{ Statement of Cash Flows } \\ \hline \multicolumn{3}{|c|}{ For the Year Ended December 31, 2025} \\ \hline \multicolumn{3}{|l|}{ Cash Flows from Operating Activities } \\ \hline & & 4 \\ \hline \multicolumn{3}{|l|}{\begin{tabular}{l} Adjustments to reconcile net income to net cash \\ flows from operating activities: \end{tabular}} \\ \hline \\ \hline & & \\ \hline \\ \hline \multicolumn{3}{|l|}{+2} \\ \hline & & \\ \hline \\ \hline & & \\ \hline \multirow{3}{*}{\multicolumn{3}{|c|}{\begin{tabular}{|l|} \\ Net cash flow from operating activities \\ \end{tabular}}} \\ \hline & & \\ \hline & & \\ \hline \multicolumn{3}{|l|}{ Cash Flows from Investing Activities } \\ \hline \multirow{2}{*}{\multicolumn{3}{|c|}{\begin{tabular}{|l|l|} \\ \end{tabular}}} \\ \hline & & \\ \hline & & \\ \hline \multicolumn{3}{|c|}{ Net cash flow from investing activities } \\ \hline Cach Flnwe from Finanrinn Antivitise & & \\ \hline \end{tabular} 4- Due 12/15 i Saved \begin{tabular}{|l|l|l|} \hline Net cash flow from operating activities & & \\ \hline Cash Flows from Investing Activities & & \\ \hline & & \\ \hline & & \\ \hline Net cash flow from investing activities & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Cash Flows from Financing Activities & & \\ \hline Note: Noncash Activities & & \\ \hline & & \\ \hline Net cash flows from financing activities & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}
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