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.g.-15,000 or in parenthesis e.g. (15,000).) CORONADO INC. STATEMENT OF CASH FLOWS For the Year Ended December 31, 2025 Cash Flows from Operating Activities Cash Received from Customers Cash Payments to Suppliers Cash Payments for Operating Expenses Cash Payments for Interest Cash Payments for Income Taxes Cash Flows from Operating Activities Cash Received from Customers Add Cash Payments to Suppliers Cash Payments for Operating Expenses Cash Payments for Interest Cash Payments for Income Taxes Net Cash Provided by Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities Sale of Equipment Purchase of Equioment Sale of Available-for-Sale Investments Net Cash Used by Investing Activities Net Cash Used by Investing Activities Cash Flows from Financing Activities Sale of Equipment Purchase of Equipment Sale of Available-for-Sale Investments Net Cash Used by Investing Activities Cash Flows from Financing Activities Net Decrease in Cash Net Increase in Cash 0000 Coronado Inc., a greeting card company, had the following statements prepared as of December 31, 2025. Coronado Inc. Comparative Balance Sheet As of December 31, 2025 and 2024 12/31/25 12/31/24 Cash $5,900 $7,000 Accounts receivable 62,500 51,200 Short-term debt investments (available-for-sale) 35,300 17,900 Inventory 39,800 60,100 Prepaid rent 5.100 3,900 Equipment 155,200 130,400 Accumulated depreciation-equipment (34,700) (25,200) Copyrights 45,500 50,400 Total assets $314,600 $295,700 Coronado Inc. Income Statement For the Year Ending December 31, 2025 Sales revenue Cost of goods sold $340,650 175,900 Gross profit Operating expenses 164,750 121.000 Operating income 43,750 Interest expense $11,500 Gain on sale of equipment 2,000 9,500 Income before tax 34,250 Income tax expense 6,850 Net income $27,400 Additional information: 1. Dividends in the amount of $6,000 were declared and paid during 2025. 2. 3. Depreciation expense and amortization expense are included in operating expenses. No unrealized gains or losses have occurred on the investments during the year. 4. Equipment that had a cost of $20,200 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.g. -15,000 or in parenthesis e.g. (15,000).)