Culver Inc. had the following condensed balance sheet at the end of operations for 2016. CULVER INC. BALANCE SHEET DECEMBER 31, 2016 Cash $8,400 Current liabilities Current assets other than cash 28,700 Long-term notes payable Equity investments 20,500 Bonds payable Plant assets (net) 68,300 Common stock Land 40,400 Retained earnings $166,300 $15,000 26,100 25,600 74,200 25,400 $166,300 During 2017, the following occurred. (a) (b) (c) (d) (e) (0) (9) (h) Culver Inc. sold part of its investment portfolio for $13,100. This transaction resulted in a gain of $4,900 for the company. No unrealized gains or losses were recorded on these investments in 2017. Dividends totaling $9,300 were paid to stockholders. Atract of land was purchased for $12,300. Net Income was $35,500 after allowing depreciation of $13,600. Bonds payable in the amount of $11,300 wereredeemed at par. Land was purchasedthrough the issuance of $22,300 in bonds. An additional $9,900 in common stock was issued at par. Both current assets (other than cash) and current liabilities remained at the same amount. Prepare a statement of cash flows for 2017 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).) CULVER INC. STATEMENT OF CASH FLOWS For the Year Ended December 31, 2017 Adjustments to reconcile net income to net cash provided by operating activities: Joooo Prepare the condensed balance sheet for Culver Inc. as it would appear at December 31, 2017. CULVER INC. BALANCE SHEET Assets Equities