11. Balance Sheet Asset 2016 2017 Liabilities & 2016 2017 Equity Cash $7,000 $ 12,000 Bank loan $ 20,000 $50,000 Plant & 14,000 20,000 Bond (for 5 1,40,000 1,00,000 Equipment years) Minis: 5000 6,000 Account 20,000 5,000 Depreciation payable Net Plant & 10,000 14,000 Stockholders' Equipment Equity Furniture's & 2,20,000 2,00,000 Common 50,000 50,000 Equipment Stock value Inventory 2000 3500 Preferred 37,000 37,000 stock value XXX XXX XXX XXX Company paid preferred dividend $2,000 and depreciation cost is $5,000 and Income after tax is $ 65,000. Moreover common dividend paid in 2017 was $5,000. Requirement: Prepare a Statement of Cash flow for the year of 2017