Crane Limited is a private company reporting under ASPE. Its comparative balance sheet at December 31 is as follows: CRANE LIMITED Balance Sheet December 31 Assets 2017 2016 Cash $112,860 $84,150 Accounts receivable 742,500 594,000 Inventory 495,000 326,700 Prepaid insurance 17,820 24,750 Equipment and vehicles 1,237,500 990,000 Accumulated depreciation (346,500) (277,200) Total assets $2,259,180 $1,742,100 Liabilities and Shareholders' Equity Accounts payable $ 223,740 $ 198,000 Salaries payable 29,700 39,600 Interest payable 25,740 19,800 Noles payable 495,000 346,500 Common shares 594,000 396,000 Retained earnings 891,000 742,500 Total liabilities and shareholders' equity $2,259,180 $1,742,400 Additional information: 1. Profit for 2017 was $198,000. 2. Equipment was purchased during the year. No equipment was sold. 3. Cash dividends were paid to the common shareholders during the year. Prepare the cash flow statement 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).) CRANE LIMITED Cash Flow Statement Adjustments to reconcile profil to