The following information is available for Ace Pet Supply Corporation for the year ended December 31, 2025. Beginning cash balance $35,000 Accounts payable decrease 3,200 Depreciation expense 76,000 Accounts receivable increase 8,200 Inventory increase 13,000 Net income 269,100 Cash received for sale of land at book value 35,000 Sales revenue 747,000 Cash dividends paid 12,000 Income tax payable increase 4,700 Cash used to purchase building 144,000 Cash used to purchase treasury stock 32,000 Cash received from issuing bonds 206,000 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis e.g. (15,000)) ACE PET SUPPLY CORPORATION Statement of Cash Flows-Indirect Method Cash Flows from Operating Activities Net Income/(loss) For the Year Ended December 31.2025 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense 76,000 269,100 Decrease in Accounts Payable I 3.200 Increase in Accounts Receivable 8.200 Increase in Inventory 13.000 Increase in Income Tax Payable 4700 Net Cash Provided by Operating Activities Cash Flows from Investing Activities Purchase of Building Sale of Land Net Cash Used by Investing Activities 144,000 35,000 v 12,000 Cash Flows from Financing Activities Payment of Dividends Purchase of Treasury Stock- Issuance of Bonds Net Cash Provided by Financing Activities 32.000 206,000 53,300 215,800 160,100 431.100 Net Cash Provided by Financing Activities Net Increase in Cash- Cash at Beginning of Period Cash at End of Period 431,100 162,000 269.100 807,000