Condensed financial data of Whispering Winds Corp. follow. Whispering Winds Corp. Comparative Balance Sheets December 31 Assets 2017 2016 Cash $ 158,368 $ 94,864 Accounts receivable 172,088 74,480 Inventory 220,500 201,586 Prepaid expenses 55,664 50,960 Long-term investments 270,480 213,640 Plant assets 558,600 475,300 Accumulated depreciation (98,000) (101,920) Total $1,337,700 $1,008,910 Liabilities and Stockholders' Equity Accounts payable $ 199,920 $ 131,908 Accrued expenses payable 32,340 41,160 Bonds payable 215,600 286,160 Common stock 431,200 343,000 Retained earnings 458,640 206,682 Total $1,337,700 $1,008,910 Whispering Winds Corp. Income Statement Data For the Year Ended December 31, 2017 Sales revenue $761,382 Less: Cost of goods sold $265,502 Operating expenses, excluding depreciation 24,324 Depreciation expense 91,140 Income tax expense 53,469 Interest expense 9,271 Loss on disposal of plant assets 14,700 458,406 Net income $ 302.976 Additional information: 1. New plant assets costing $196,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $112,700 and accumulated depreciation of $95,060 were sold for $2,940 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $51,018 was declared and paid during the year. 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).) Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 Whispering Winds Corp. Statement of Cash Flows V $ Adjustments to reconcile net income to $