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The following information is available for Blue Spruce Corporation for the year ended December 3 1 , 2 0 2 5 . Beginning cash balance$

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The following information is available for Blue Spruce Corporation for the year ended December 31,2025.Beginning cash balance$ 33,750Accounts payable decrease2,775Depreciation expense121,500Accounts receivable increase6,150Inventory increase8,250 Net income213,075 Cash received for sale of land at book value26,250 Cash dividends paid9,000Income taxes payable increase3.525 Cash used to purchase building216,750 Cash used to purchase treasury stock19,500 Cash received from issuing bonds
income tress pryabe incierse
Cish used to purchese build ins
216,750
Cash used to purchase trexsury stock
19.500
Cosh receivad from issuing bords
150,000
perentheires 115,0301
GLUE SPRUCE CORPORATION
Statement of Cash Flows - Indirect Metinad
Fer the Year Enced Desartber 31,2025
Adjustments to reconcile net income to
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