CES Problem 23-9 Your answer is partially correct. Try again. and Sandhill Corporation has contracted with you to prepare a statement of cash flows. The controller has provided the following information. December 31 2017 2016 Cash Accounts recelvable $38,500 $13,200 12,400 10,100 11,900 9,900 -0 3,000 -0 30,000 40,200 19,800 5,300 108,000 $91,300 Equity investments Buildings Equipment Copyrights 5,000 Totals Allowance for doubtful accounts Accumulated depreciation-equipment Accumulated depreciation-buildings Accounts payable Dividends payable Notes payable, short-term (nontrade) Long-term notes payable Common stock Retained earnings $2,900 2,000 $4,500 4,600 -0 5,900 5,000 3,900 -0- 5,000 2,900 3,900 36,000 25,000 33,000 S,500 udy 38,000 21,200