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Balance Sheet Dream Big Travel Services, Inc. Comparative Balance Sheets December 31, 2017 and 2016 2016 2017 Assets Current assets 42,000 $ 21,000 Cash 79,000

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Balance Sheet Dream Big Travel Services, Inc. Comparative Balance Sheets December 31, 2017 and 2016 2016 2017 Assets Current assets 42,000 $ 21,000 Cash 79,000 77,000 Accounts receivable 17,000 62,000 Inventory 12,000 11,000 Prepaid insurance $ 192,000 $ 129,000 Total current assets S 106,000 $ 114,000 Land 53,000 85,000 Equipment (8,000) (13,000) Less: Accumulated depreciation $ 370,000 $ 288,000 Total assets Done Print Liabilities Current liabilities: 27,000 $ 37,000 S Accounts payable 19,000 37.000 Wages payable 10.000 11.000 Interest payable 5.000 8,000 Income taxes payable 83,000 $ 71.000 Total current liabilities 96.000 88,000 Notes payable (long-term) $ 179,000 $ 159.000 Total liabilities Stockholders' equity $147.000 $ 119,000 Common stock 10.000 44.000 Retained earnings $ 191.000 S 129.000 Total stockholders' equity Balance Sheet Current liabilities: Accounts payable $ 27,000 $ 37,000 Wages payable 19,000 37,000 Interest payable 10,000 11,000 8,000 5,000 Income taxes payable Total current liabilities 83,000 $ 71,000 88.000 96,000 Notes payable (long-term) S 179,000 $ 159,000 Total liabilities Stockholders' equity S 147.000 $ 119.000 Common stock 44.000 10.000 Retained earnings S 191.000 $ 129 000 Total stockholders' equity S 370,000 S 288 000 Total liabilities and equity Land was sold for $4,900. a. Equipment was purchased for cash. There were no disposals of equipment during the year. d. The common stock was issued for cash Net income for 2017 was S41.000. Cash dividends paid during the year were $7,000. b. C. e. f. The comparative balance sheet for Dream Big Travel Services, Inc., for December 31, 2017 and 2016, is as follows: (Cick the icon to view the comparative balance sheet) The following information is taken from the records of Dream Big Travel Services, Inc. iClick the icon to view the transaction data.) Prepare the statement of cash flows (indirect method) for Dream Big Travel Services, Inc., for 2017

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