Shamrock Corporation's comparative balance sheets are as follows. Shamrock Corporation Comparative Balance Sheets December 31 2025 2024 Cash $7,900 $17,500 Accounts receivable 25,800 23,000 Investments 21,100 15,100 Equipment 63,500 74,500 Accumulated depreciation-equipment (14,800) (10,200) Total $103,500 $119,900 Accounts payable $14,600 $11,800 Bonds payable 10,000 35,000 Common stock. 50,000 47,500 Retained earnings 28,900 25,600 Total $103,500 $119,900 Additional information: 1. Net income was $18,800. Dividends declared and paid were $15,500. 2. Equipment which cost $11,000 and had accumulated depreciation of $1,300 was sold for $3,100. 3. No noncash investing and financing activities occurred during 2025. 4. Bonds were retired at their carrying value. (a) Prepare a statement of cash flows for 2025 using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis eg. (15,000)) SHAMROCK CORPORATION Statement of Cash Flows-Indirect Method 1