Comparative balance sheets for International Company are presented below.

INTERNATIONAL COMPANY Comparative Balance Sheets December 31
Assets		2017			2016
Cash		$72,390			$22,170
Accounts receivable		84,130			76,470
Inventory		180,110			188,840
Land		75,720			101,410
Equipment		250,630			200,400
Accumulated depreciationequipment		(65,830	)		(41,180	)
Total		$597,150			$548,110
Liabilities and Stockholders Equity
Accounts payable		$33,340			$46,050
Bonds payable		149,100			200,490
Common stock ($1 par)		213,680			164,500
Retained earnings		201,030			137,070
Total		$597,150			$548,110

Additional information:

1.		Net income for 2017 was $135,850.
2.		Cash dividends of $71,890 were declared and paid.
3.		Bonds payable amounting to $51,390 were redeemed for cash $49,180.
4.		Common stock was issued for $49,180 cash.
5.		Depreciation expense was $24,650.
6.		Sales revenue for the year was $977,830.
7.		Land was sold at cost, and equipment was purchased for cash.

Prepare a worksheet for a statement of cash flows for 2017 using the indirect method. Enter the reconciling items directly on the worksheet.