Novak Company reported the following information for 2025. Novak Company Comparative Balance Sheets December 31 Change 20252024Increase/Decrease Assets Cash $106,200$64,800$41,400 Increase Accounts receivable 111,60039,60072,000Increase Inventory 79,20010,80099,00007,200126,00079,2003,60027,000IncreaseIncreaseDecrease Buildings 360,000360,0000 - No change Accumulated depreciation-buildings (37,800)(25,200)12,600 increase Equipment Accounts payable $77,400$72,000$5,400 Increase Accrued expenses payable Bonds payable 180,000270,00090,000 Decrease Common stock (\$1 par) 414,000108,000306,000 Increase Retained earnings Totals 336,600208,800127,800 Increase Additional information: 1. Operating expenses include depreciation expense of $72,000. 2. Land was sold at its book value for cash. 3. Cash dividends of $153,000 were declared and paid in 2025. 4. Equipment with a cost of $298,800 was purchased for cash. Equipment with a cost of $91,800 and a book value of $64,800 was sold for $61,200 cash. 5. Bonds of $90,000 were redeemed at their face value for cash. 6. Common stock (\$1 par) was issued at par for $306,000 cash. Use this information to prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign eg - 15,000 or in parenthesis eg (15,000). Statement of Cash Flows - Indirect Method 5 Adjustments to reconcile net income to 5