CES Cash Accounts receivable Inventory Available-for-sale debt investments Buildings Equipment Patents December 31 2017 2016 $33,100 $12,900 12,300 9,900 12,1008,900 -0- 3,100 -0- 29,500 45,000 20,100 5,000 6,200 $107,500 $90,600 $3,000 2,000 - - 5,000 Allowance for doubtful accounts Accumulated depreciation-equipment Accumulated depreciation-building Accounts payable Dividends payable Notes payable, short-term (nontrade) Long-term notes pavable Common stock Retained earnings $4,500 4,500 6.100 3.100 5.000 3.900 25,000 33,000 5.500 $90,600 2,900 31,000 43,000 20,500 $107.500 Additional data related to 2017 are as follows. 1. Eument that had cost $10.900 and was 40 depreciated at time of disposal was sold for 600 2. $10.000 of the long-term note payable was paid by issuing common stock 3. Cash dividends paid were $5,000 4. On January 1, 2017, the building was completely destroyed by a food. Insurance proceeds on the building were $29.00 (net of $2,000 taxes). 5. Investments (available for sale) were sold at $1,700 above their cost. The company has made similar sales and nvestments in the past. 6. Cash was paid for the acquisition of equipment. 7. A long term note for $15,000 was issued for the cuisition of equipment . Interest of $1,900 and income taxes of 16.600 were paid in cash Prepare a statement of cash flows using the indirect method. Flood damages usual and frequent in that part of the country (Show amounts that decrea - 15,000 or in parenthesis (15,000).)