Condensed financial data of Jhutti Company Ltd. appear below.

Additional information:
1. Equipment costing ‚¬92,000 was purchased for cash during the year.
2. Investments were sold at cost.
3. Equipment costing ‚¬47,000 was sold for ‚¬14,250, resulting in gain of ‚¬8,550.
4. A cash dividend of ‚¬80,600 was declared and paid during the year.
Instructions
Prepare a worksheet for the statement of cash flows using the indirect method. Enter the reconciling items directly in the worksheet columns, using letters to cross-reference each entry.

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JHUTTI COMPANY LTD Comparative Statements of Financial Position December 31 Assets 2017 2016 Equipment Accumulated depreciation-equipment Investments Inventory Accounts receivable Cash 250,000 (46,600) 84,000 121,900 80,900 90,300 580,500 205,000 (40,000) 87,000 102,650 57,000 47,250 458,900 Equity and Liabiliies Share capital-ordinary Retained earnings Bonds payable Accounts payabl Accrued expenses payable 240,000 175,000 100,000 53,400 12,100 580,500 200,000 121,790 70,000 48,280 18,830 458,900 JHUTTI COMPANY LTD Income Statement For the Year Ended December 31, 2017 Sales revenue Gain on disposal of plant assets 297,500 8,550 306,050 Less: Cost of goods sold Operating expenses( 99,460 excluding depreciation expense) Depreciation expense Income tax expense Interest expense 14,670 47,900 7,270 2,940 172,240 133,810 Net income