Condensed financial data of Grouper Company for 2017 and 2016 are presented below. GROUPER COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2017 AND 2016 2017 2016 $1,810 1,160 1,310 1,890 1,720 Cash Receivables Inventory Plant assets Accumulated depreciation Long-term investments (held-to-maturity) 1,740 1,630 1 1,910 (1,220) (1,180) 1,280 1,420 $7,150 $6,320 Accounts payable Accrued liabilities Bonds payable Common stock Retained earnings $1,220 190 $920 240 1,420 1,580 1,940 1,730 1,850 $7,150 $6,320 2,380 GROUPER COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2017 $6,960 4,780 2,180 920 1,260 Sales revenue Cost of goods sold Gross margin Selling and administrative expenses Income from operations Other revenues and gains 80 1,340 550 790 260 $530 Gain on sale of investments Income before tax Income tax expense Net income Cash dividends Income retained in business Additional information: During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold in 2017. 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).) GROUPER COMPANY Statement of Cash Flows (Indirect Method) Adjustments to reconcile net income to