The comparative balance sheets of Sweet Inc. at the beginning and the end of the year $2025$ are as follows.

Net income of $$47,520$ was reported, and dividends of $$24,840$ 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 eg$.-15,000$ or in parenthesis eg$.(15,000)).)$

Sweet Inc.

Statement of Cash Flows

Adjustments to reconcile net income to

$$1$