Bercise 23-17 (Part Level Submission) Cheyenne Inc., had the following condensed balance sheet at the end of operations for 2016 CHEYENNE INC. BALANCE SHEET DECEMBER 31, 2016 $8.500 Currenti es Current assets other than ng-term payable Equity Investments 19.900 Bonds payable Plantas (net) 68,200 Common stock Land 39,700 ned $165.500 During 2017, the following occurred $14.00 25.400 25,000 75.000 $165,500 1 Atract of land was purchased for $8.900 2. Send pay the amount of $15.000 were med at 3. An additional $10,000 in common stock was ved at par 4. Dividends to $9.400 were paid to stockholders 5. Net Income was 30,200 a rawing deprecation of $13.600 and was chased through thes e of $22.500 bonds 7. Cheyennene sold part of investment portform for $12,700. This transaction resulted in a gam of $2,000 for the company. No need airs or 8. Both current assets (other than cash) and current des remained at the same amount were recorded on thes e (a) Prepare a statement of cash rows for 2017 using the indirect method. (Show amounts that decrease CHEYENNE INC w hether or