Stellar inc, a greeting card company, had the following staternents prepared as of December 31.2025. income Derore tax Income taxexpense Netincome \begin{tabular}{r} 6.750 \\ \hline$27.000 \\ \hline \end{tabular} 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 uncealized gains or losses have occurred on the investments during the year. 4. Equipment that had a cost of $19.800 and was 70% depreciated was sold during 2025 . Prepare a statement of cash flows using the direct method. (Do not prepare a reconciliation schedule.) (Show amounts in and finoncing sections that decreose cash flow with either a-sign es, 15,000 or in porenthesis s. (15,000).) STEIIAR INC. STATEMENT OF CASH FLOWS Short-term loans payable Long-term loans payable Common stock, \$10 par Paid-in capital, common stock Retained earnings Total liabilities and stockholders' equity 8,00010,100 60,60069,600 \begin{tabular}{rrr} 100,000 & 100,000 \\ 30,000 & 30,000 \\ 55,600 & & 34,600 \\ \hline$312,900 & $294,700 \\ \hline \end{tabular} Stellar Inc. Income Statement For the Year Ending December 31, 2025 Sales revenue Cost of goods sold Gross profit: Operating expenses Operating income Interest expense Gain on sale of equipment Income before tax Income tax expense Net ncome $338,150 \begin{tabular}{r} 175,700 \\ \hline 162,450 \\ 119,400 \\ \hline 43,050 \end{tabular} $11,300 \begin{tabular}{r} 2,0009,300 \\ \hline \\ 33,750 \end{tabular} 6,750$27,000