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ACCOUNTS Payable 5 25. 000 5 14,000 Interest payable 3. 000 5.000 Taxes payable 37,000 1 1. 000 Short - term note payable 37. 000

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ACCOUNTS Payable 5 25. 000 5 14,000 Interest payable 3. 000 5.000 Taxes payable 37,000 1 1. 000 Short - term note payable 37. 000 32,000 Bonds payable 75.000 50.000 Common stock , 510 par 75, 000 25.000 Retained Earnings 33, 000 10,000 Total Liabilities and Shareholders' Equity $ 290, 000 5148,00 0 Additional 2017 information " Net income , 531, 000 Gold land for gain of 53, 000 Paid dividends of 50,000 Issued $50, 000 common stock to purchase building Required . PIEPETE Fancy Company's 2017 Statement of cash flows using the indirect method

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