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Sweet Acacia Corporation's comparative balance sheets are presented below. Sweet Acacia Corporation Comparative Balance Sheets December 31 2025 2024 Cash $16,450 $11,100 Accounts receivable
Sweet Acacia Corporation's comparative balance sheets are presented below. Sweet Acacia Corporation Comparative Balance Sheets December 31 2025 2024 Cash $16,450 $11,100 Accounts receivable 21,200 23,500 Land 21,000 26,900 Buildings 81,000 81,000 Accumulated depreciation-buildings (16,700) (10,500) Total $122,950 $132,000 Accounts payable $12.650 $31.200 Common stock 69.500 63,000 Retained earnings 40,800 37,800 Total $122.950 $132,000 Additional information: 1 Net income was $22.500. Dividends declared and paid were $19.500. 2 No noncash investing and financing activities occurred during 2025. 3. The land was sold for cash of $4,900. Prepare a statement of cash flows for 2025 using the indirect method. (Show amounts that decrease cash flow with either a sign -15,000 or in parenthesis eg. (15,000)) SWEET ACACIA CORPORATION Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to A
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