As of December 31, 2017 Assets 2017 Cash $652,000 T'emporary investments 300,000 Accounts receivable 817,000 Inventory 761,000 Prepaid expenses 39,000 Investment in Karin Company 280,000 Land 46,000 Buildings, net of accumulated depreciation 1,739,000 Equipment, net of accumulated depreciation 1,059,000 Total assets $ 5.693,000 Equities Accounts payable $ 650,000 Short-term bank loans payable 600,000 Accrued expenses payable 94,000 Dividends payable 84,000 Income taxes payable 137,000 Long-term notes payable 0 Capital stock 600,000 Retained earnings 3.528.000 Total equities $ 5.693.000 2016 $567,000 500,000 780,000 746,000 43,000 0 38,000 1,781,000 276,000 $ 5,431,000 $ 876,000 400,000 62,000 90,000 121,000 400,000 200,000 3.282.000 $ 5,431.000 Baron Flowers Company Income Statement For the year ended December 31, 2017 Net sales Less Cost of goods sold Gross profit Less Operating expenses Operating income Add: Gain on sale of temporary investments Less: Loss on sale of equipment Less: Interest expenses Income before income taxes Less Income taxes Net income 44,732,000 2.964.000 $ 1,768,000 1,032.000 $736,000 34,000 (19,000 (43.000) $ 708,000 262.000 $ 446,000 Additional data: 1. Buildings were not acquired or retired during the fiscal year. 2. The long-term notes payable were retired during the fiscal year. 3. Company issued additional capital stock during the fiscal year at par. 4. Operating expenses in the income statement include depreciation expense - building and equipment of $137,000. 5. Company acquired Equipment costing $ 346,000 during the fiscal year. Required: Prepare a Statement of Cash Flow of Baron Flowers Company for 2017 by using the indirect method . Show computations to support your answers