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Windsor Inc. Comparative Balance Sheet As of December 31, 2025 and 2024 Common stock, $10 par 100,000100,000 Paid-in capital, common stock 30,00030,000 Retained earnings Total

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Windsor Inc. Comparative Balance Sheet As of December 31, 2025 and 2024 Common stock, $10 par 100,000100,000 Paid-in capital, common stock 30,00030,000 Retained earnings Total liabilities and stockholders' equity Windsor Inc. Income Statement For the Year Ending December 31, 2025 Sales revenue Cost of goods sold Gross profit Operating expenses Operating income 40,625118.900 Interest expense $11.500 Gain on sale of equipment Income before tax Additional inforination: 1. Dividends in the aithount of $6,100 were declared and paid during 2025 2. Depreciation expense and amortization expense are indluded in operating expenses. 3. No unrealized gains or losses have occurred on the investments durime the year: 4. Equipiment that had a cost of $19,800 and was 700 depreciated was sold during 2025 : Phepare a statement of cash flows uting the direct method, (Do not prepare al reconciliation schedule) (Show anounts in the imesting and financing sectioas that decrease cash flow with elther - sign es, - 15,000 or in parenthesises (15,000)]

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