The comparative balance sheets of Novak Inc. at the beginning and the end of the year 2025 are as follows. Net income of $50,160 was reported, and dividends of $26.220 were paid in 2025 . New equipment was purchased and none was sold. Prepare a statement of cash flows for the year 2025. (Show amounts that decrease cash flow with either a- sign e.g. 15,000 or in parenthesis e.s. (15,000).) Cash Flows from investing Activities Purchase of Equipment 19380 Cash Flows from Financing Activities Net Cash Used by Financing Activities \& Net Decrease in Cash Cashat Beginning of Year Cashat End of Year Net income $50160 Adjustments to reconcile net income to Net Cash Provided by Operating Activities * Depreciation Expense Increase in Accounts Receivable Increase in Accounts Payable Net Cash Provided by Operating Activities * Cash Flows from Investing Activities Purchase of Equipment Cash Flows from Financing Activities Issuance of Common Stock Payment of Cash Dividends $ 6840 3420