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Stellar Inc, a greeting card company, had the following statements prepared as of December 31,2025 . \begin{tabular}{lrr} Accounts payable & $46,200 & $39,700 \\ Income taxes payable & 4,000 & 6,100 \\ Salaries and wages payable & 7,900 & 4,000 \\ Short-term loans payable & 7,900 & 10,000 \\ Long-term loans payable & 59,800 & 68,600 \\ Common stock, $10 par & 100,000 & 100,000 \\ Paid-in capital, common stock & 30,000 & 30,000 \\ Retained earnings & 58,200 & 37,100 \\ \hline Total liabilities and stockholders' equity & $314,000 & $295,500 \end{tabular} Additional information: 1. Dividends in the amount of $6,000 were declared and paic during 2025 . 2. Depreciation expense and amortization expense are included in operating expenses. Additional information: 1. Dividends in the amount of $6,000 were declared and paid during 2025 . 2. Depreciation expense and amortization expense are included in operating expenses. 3. No unrealized gains or losses have occurred on the imvestments during the year. Prepare a statement of cash flows using the direct method. (Do not prepare a reconciliation schedule) (Show amounts in the investing and financing sections that decrease cash flow with either a - sign eg. - 15,000 or in parenthesis eg, (15,000).) STELLAR INC. STATEMENT OF CASH FLOWS For the Year Ended December 31, 2025 Cash Flows from Operating Activities Cash Recelved from Customers Less > : Cash Payments for Operating Expenses $ Cash Payments for Income Taxes Cash Payments for Interest Cash Payments to Suppliers Net Cash Provided by Operating Activities of Net Cash Provided by Operating Activities Cash Flows from investing Activities Purchase of Equipment Purchase of Investments Sale of Equipment Net Cash Used by Investing Activities Cash Flows from Financing Activities Principal Payment on Lons-Term Loan Principal Payment on Short-Ferm Loan Principal Payment on Long- Term Loan Principal Payment on Short-Term Loan Dividend Payments Net Cash Used by Financing Activities Net Decrease in Cash Cash, January 1,2025 Cash. December 31,2025 eTextbook and Media