The statement of income of Cheyenne Inc. for the year ended December $31,2024,$ reported the following condensed information:

Cheyenne's statement of financial position contained the following comparative data at December $31$:

The corporation has no depreciable assets. Accounts payable pertain to operating expenses.

Using the indirect method, prepare the operating activities of the statement of cash flows for the year ended December $31,2024.$

$($Show amounts that decrease cash flow with either $a-$ sign e$.$g$.-25,000$ or in parenthesis e$.$g$.(25,000).)$

CHEYENNE INC.

Statement of Cash Flows $($partial$)$

Adjustments to reconcile net income to

$