The income statement, balance sheets, and additional information for Great Adventures, Incorporated, are provided below. GREAT ADVENTURES, INCORPORATED Income Statement For the Year Ended December 31, 2025 Net revenues: Expenses: $176,930 Cost of goods sold $39,100 Operating expenses 58,720 Depreciation expense 18,150 Interest expense 8,281 Income tax expense 15,100 Total expenses 139,351 $ Net income 37,579 Assets GREAT ADVENTURES, INCORPORATED Balance Sheets December 31, 2025 and 2024 2025 2024 Increase (I) or Decrease (D) Current assets: $ $ Cash $ 226,384 (I) 60,540 165,844 Accounts receivable 48,680 0 48,680 (I) Inventory 8,200 0 8,200 (I) Other current assets 1,020 4,980 3,960 (D) Long-term assets: Land 620,000 0 620,000 (I) Buildings 836,000 0 836,000 (I) Equipment 74,360 46,000 28,360 (I) (26,450) (8,300) 18,150 (I) Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable $1,788,194 $107,300 $ 26,080 $ 3,040 $ 23,040 (I) Interest payable Income tax payable Other current liabilities Notes payable (current and long-term) Stockholders' equity: Common stock Paid-in capital Retained earnings Treasury stock Total liabilities and stockholders' equity Additional Information for 2025: 810 15,100 810 14,120 24,600 0 980 (I) 24,600 (I) 643,615 31,200 132,000 20,000 1,013,200 612,415 (I) 112,000 (I) 0 1,013,200 (I) 24,739 (I) 58,789 34,050 (126,000) 0 (126,000) (I) $1,788,194 $107,300 1. Land of $620,000 was obtained by issuing a note payable to the seller. 2. Buildings of $836,000 and equipment of $28,360 were purchased using cash. 3. Monthly payments during the year reduced notes payable by $7,585. 4. Issued common stock for $1,120,000. 5. Purchased 11,200 shares of treasury stock for $21 per share. 6. Sold 5,200 shares of treasury stock at $22 per share. 7. Declared and paid a cash dividend of $12,840. Required: Prepare the statement of cash flows for the year ended December 31, 2025, using the indirect method. (Amounts to be deducted, cash outflows, and any decrease in cash should be indicated with a minus sign.)