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Selected financial statement information and additional data for Carla Vista Co. are presented below. Additional data for 2025: 1. Net income was $221,000. 2. Depreciation
Selected financial statement information and additional data for Carla Vista Co. are presented below. Additional data for 2025: 1. Net income was $221,000. 2. Depreciation was $30,000. 3. Land was soid at its original cost. 4. Dividends of $81,500 were paid. 5. Equipment was purchased for $84,000 cash. 6. A long-term note for $198,000 was used to pay for an equipment purchase. 7. Common stock was issued to pay a $71,000 long-term note payable. Prepare a statement of cash flows for the year ending December 31.2025. (Show amounts that decrease cash flow with either a sign e.g. 15,000 or in parenthesis eg. (15,000)J Prepare a staternent of cash flows for the year ending December 31,2025 . I5how amounts that decrease cash flow with either a - sign es. 15,000 or in parenthesis e. (15,000)d) Cash flow from operating activities Adjustments to reconcile net income to $
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