Bramble Corp. reported the following information for 2017. Bramble Corp. Comparative Balance Sheets December 31 Assets 2017 2016 Change Increase/Decrease Cash $51,510 $36,090 $15,420 Increase Accounts receivable 61,380 21,880 39,500 Increase Inventory 44,120 0 44,120 Increase Prepaid expenses 5,950 3,970 1,980 Increase Land 55,190 69,510 14,320 Decrease Buildings 198,490 198,490 0 Accumulated depreciationbuildings (20,790 ) (13,860 ) 6,930 Increase Equipment 182,860 68,310 114,550 Increase Accumulated depreciationequipment (27,700 ) (10,080 ) 17,620 Increase Totals $551,010 $374,310 Liabilities and Stockholders Equity Accounts payable $42,990 $40,240 $2,750 Increase Accrued expenses payable 0 9,920 9,920 Decrease Bonds payable 99,940 150,380 50,440 Decrease Common stock ($1 par) 228,510 59,890 168,620 Increase Retained earnings 179,570 113,880 65,690 Increase Totals $551,010 $374,310 Bramble Corp. Income Statement For the Year Ended December 31, 2017 Sales revenue $932,850 Cost of goods sold $473,590 Operating expenses 229,760 Interest expense 11,940 Loss on disposal of equipment 1,990 717,280 Income before income taxes 215,570 Income tax expense 64,950 Net income $150,620 Additional information: 1. Operating expenses include depreciation expense of $40,320. 2. Land was sold at its book value for cash. 3. Cash dividends of $84,930 were declared and paid in 2017. 4. Equipment with a cost of $165,980 was purchased for cash. Equipment with a cost of $51,430 and a book value of $35,660 was sold for $33,670 cash. 5. Bonds of $50,440 were redeemed at their face value for cash. 6. Common stock ($1 par) of $168,620 was issued for cash. Use this information to prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)