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Whispering Company Comparative Balance Sheet As of December 31, 2025 and 2024 begin{tabular}{|c|c|c|} hline & 2025 & 2024 hline Cash & $1,830 & $1,180

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Whispering Company Comparative Balance Sheet As of December 31, 2025 and 2024 \begin{tabular}{|c|c|c|} \hline & 2025 & 2024 \\ \hline Cash & $1,830 & $1,180 \\ \hline Receivables & 1,710 & 1,320 \\ \hline Inventory & 1,590 & 1,920 \\ \hline Plant assets & 1,890 & 1,710 \\ \hline Accumulated depreciation & (1,220) & (1,190) \\ \hline \multirow[t]{2}{*}{ Long-term investments (held-to-maturity) } & 1,320 & 1,440 \\ \hline & $7,120 & $6,380 \\ \hline Accounts payable & $1,190 & $890 \\ \hline Accrued liabilities & 210 & 260 \\ \hline Bonds payable & 1,400 & 1,580 \\ \hline Common stock & 1,940 & 1,660 \\ \hline \multirow[t]{2}{*}{ Retained earnings } & 2,380 & 1,990 \\ \hline & $7,120 & $6,380 \\ \hline \end{tabular} Whispering Company Income Statement For the Year Ended December 31, 2025 \begin{tabular}{lr} Sales revenue & $6,720 \\ Cost of goods sold & 4,680 \\ \cline { 2 - 2 } Gross margin & 2,040 \\ Selling and administrative expense & 920 \\ Income from operations & 1,120 \\ Other revenues and gains & 80 \\ \hline Gain on sale of investments & 1,200 \\ Income before tax & 550 \\ Income tax expense & 650 \\ Net income & 260 \\ Cash dividends & $390 \\ \hline Income retained in business \end{tabular} Additional information: During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold in 2025. Prepare a statement of cash flows using the indirect method. (Show amounts thot decrease cash flow with either asign esg - 15,000 or in parenthesis eg. (15,000). Increase in Accounts Payable Increase in Accrued Liabilities Gain on Sale of Investments Net Cash Used by Financing Activities Cash Flows from Investing Activities Payment of Cash Dividends Issuance of Capital Stock Net Cash Used by Investing Activities Cash Flows from Investing Activities

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