Windsor Inc., a greeting card company, had the following statements prepared as of December 31, 2025. Cash Windsor Inc. Comparative Balance Sheet As of December 31, 2025 and 2024 Accounts receivable Short-term debt investments (available-for-sale) Inventory Prepaid rent Equipment Accumulated depreciation-equipment Copyrights Total assets Accounts payable Income taxes payable Salaries and wages payable 12/31/25 $6,000 61,700 34,900 39,700 4,900 155,500 (35,100) 46,500 $45,600 4,000 12/31/24 8,000 $7,000 51,200 18,000 60,400 4,000 $314,100 $294,900 128,900 (25,000) 50,400 $39,800 6,000 4,000

Windsor Inc., a greeting card company, had the following statements prepared as of December 31, 2025. Additional information: 1. Dividends in the amount of $6,100 were declared and paid during 2025 . 2. Depreclation tepensc and amortization expense are included in operating expenses, 3. No unrealized gains or losses have occurred on the investments during the year: 4. Equipment that had a cost of $19,800 and was 70 depreciated was sold during 2025. Prepare a statement of cash flows using the direct method. (Do not prepare a reconciliation schedule) (Show amounts in the investing and financing sections that decrease cash flow with either a-sign e.s. 15,000 or in parenthesis e.s. (15,000).) * WINDSOR INC. STATEMENT OF CASH FLOWS For the Yoar Ended December 31,2025 $ $ eTextbook and Medla