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Teal Company reported the following information for 2025 . Additional information: 1. Operating expenses include depreciation expense of $88,000. 2. Land was sold at its

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Teal Company reported the following information for 2025 . Additional information: 1. Operating expenses include depreciation expense of $88,000. 2. Land was sold at its book value for cash. 3. Cash dividends of $187,000 were declared and paid in 2025. 4. Equipenent with a cost of $365,200 was purchased for cash. Equipment with a cost of $112,200 and a book value of $79.200 was sold for $74,800 cash. 5. Bonds of $110,000 were redeemed at their face value for cash. 6. Commonstock (\$1 par) was issued at par for $374,000 cash. Use this intormation to prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either o - sian eig 15,000 or in parenthesis 0.(15,000) ) TEAL COMPANY Statement of Cash Flows - Indirect Method For the Year Ended December 31,2025 Cash Flows from Operating Activities Net income 5 Adjustments to reconcile net income to Net Cash Provided by Operating Activities : \begin{tabular}{l} \hline Depreciation Expense \\ \hline Losson Disposal of Plant Assets \\ \hline \end{tabular} 5 Increase in Accounts Payable Decreave in Accrued Expenses Payable : Increase in Accounts Receivable Inctease in itiventory Increace in Prepaid Expenses Net Canh Provided by Operatire Activities : Crinflown from imenting Activitis Purctise at Equipinent Sate of Laines Purchase of Equipment Sale of Land Sale of Equipment Net Cash Used by Iivesting Activities Cashflows from Financing Activities Payment of Cash Dividends Redemption of Bonds iswance of Common Stock. Net Cash Provided by Finanding Activities : Net lacreave in Cash Cohthat fecirning of Periou Cadiat End of perical

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