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  3. the current sections of kingbird marine inc!'s bal

The current sections of Kingbird Marine Inc!'s balance sheets at December 31,2024 and 2025are presented...

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Accounting

The current sections of Kingbird Marine Inc!'s balance sheets at December 31,2024 and 2025are presented here.Kingbird Marine's net income for 2025 was $207,000. Depreciation expense was $34,500.2025Current assetsCash$147,000Accounts receivable93,400Inventory165,900Prepaid insurance27,200Total current assets$433,500Current liabilitiesInterest payable$11,100Accounts payable82,5002024$98,50088,000177,10020,600$384,200$8,00094,800$102,800Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31,2025 using the indirect method. (Show amounts that decrease cash flow with eithera - sign e.g.-15,000 or in parenthesis e.g.(15,000).)

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