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Outdoor Adventure

Company's comparative balance sheet and additional data are shown below.

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Requirement

Prepare the statement of cash flows for the year ended December

31,

2025,

using the indirect method. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.)

Betler Boat Company's coniparativi bulance shicel and adstional data are ahown bebow Iff (Clidk the Ioch to vine the comparaitwe balanch sheot). Requilemhent Data table an 2ce A. (Click the icen is whe iter Year Ended December 31, 2025 Cash Flows From Operating Activities: Net Income 5399,000 Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Depreciation Expense $ 29.540 Amortization Expense Decrease in Accounts Receivable 380 Increase in Merchandise Inventory 4,900 Decrease in Office Supplies Decrease in Prepaid Rent Increase in Short-term Investments (700) Increase in Accounts Payable Increase in Utilities Payable Increase in Telephone Payable Increase in Wages Payable Increase in Interest Payable Increase in Unearned Revenue Net Cash Provided by (Used for) Operating Activities 30 1.400 (31,000) 2,020 300 100 2,000 250 Cash Flows From Investing Activities: Net Cash Provided by (Used for) Investing Activities (10260000 ement, leave the 1. The income statement for 2025 included the following items: a. Net income, $399,000 b. Depreciation expense for the year, $29,540. c. Amortization on the bonds payable, $380. 2. There were no disposals of property, plant and equipment during the year. All acquisitions of PP\&E were for cash except the land, which was acquired by issuing preferred stock. 3. The company issued bonds payable with a face value of $1,300,000, receiving cash of $1,297,720. 4. The company distributed 8,000 shares of common stock in a stock dividend when the market value was $14.00 per share. All other dividends were paid in cash. 5. The common stock, except for the stock dividend, was issued for cash. 6. The cash receipt from the notes payable in 2025 is considered a financing activity because it does not relate to operations. Data table

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