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The following information is taken from Flint Corporation's financial statements: FLINT CORPORATION Prepare a Statement of Cash Flows The following information is taken from Flint

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The following information is taken from Flint Corporation's financial statements:
FLINT CORPORATION
Prepare a Statement of Cash Flows
image text in transcribed

The following information is taken from Flint Corporation's financial statements: December 31 FLINT CORPORATION Statement of Cash Flows Cash Accounts receivable Allowance for doubtful accounts Inventory Prepaid expenses Land Buildings Accumulated depreciation Patents Accounts payable Accrued liabilities Bonds payable Common stock Retained earningsappropriated Retained earningsunappropriated Treasury stock, at cost Net income Depreciation expense Amortization of patents Cash dividends declared and paid Gain or loss on sale of patents 2025 $65,520 106,080 (4,680) 166,400 7,800 104,000 305.760 (33,280) 20,800 $738,400 $93,600 56,160 13Q000 104,000 83,200 287,040 (15,600) $738,400 2024 $28,080 Adjustments to reconcile net income to 83,200 (3,224) 182,000 7,072 62,400 253,760 (13,520) 36,400 $636,168 $87,360 65,520 62,400 104,000 10,400 314,808 (8,320) $636,168 For year ending 12/31/2025 $81,432 19,760 5,200 36,400 none Prepare a statement of cash flows for Flint Corporation for the year 2025. (Use the indirect method.) (Show amounts that deaease cash flow with either a nqative sign e.g. -15,000 or in parenthis e.g. (15,000).)

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