Exercise 13-9 (Part Level Submission) Rodriquez Corporation's comparative balance sheets are presented below RODRIQUEZ CORPORATION Comparative Balance Sheets 2017 s16,700 25,000 20,050 59,950 (13,850) 2016 Cash Accounts receivable Investments Equipment Accumulated depreciation-equipment s17,600 22,300 15,950 70,050 (10,000) Total $107,850 $115,900 Accounts payable Bonds payable Common stock Retained earnings 10,300 50,500 32,600 $107,850 $14,4501,150 30,200 44,500 30,050 $115,900 Total Additional information: 1. Net income was $18,350. Dividends declared and paid were $15,800 2. Equipment which cost $10,100 and had accumulated depreciation of $2,100 was sold for $3,300 . No noncash investing and financing activities occurred during 2017 cash flows for 2017 using the indirect method. (Show amounts that decrease cash flow with either a -sign e.q.-15,000, or in parenthesis e.g. (15,000).) RODRIQUEZ CORPORATION Statement of Cash lows Adjustments to reconcile net income to