Exercise 17-14 Comparative balance sheets for International Company are presented below Sheets 31 2016 $22,340 76,260 189,350 101,200 200,090 (41,500) 2017 $73,550 85,030 180,820 75,600 Inventory 249,390 Accumulated depreciation-equipment (65,230) Total $599,160 $547,740 Liabilities and S $34,310 $47,410 150,790 199,610 214,530 163,810 199,530 136,910 $599,160 $547,740 Retained earnings Total 1. Net income for 2017 was $134,260. 2. Cash dividends of $71,640 were declared and paid 3. Bonds payable amounting to $48,820 were redeemed for cash $50,720. 4. Common stock was issued for $50,720 cash. 5. 6. Sales revenue for the year was $978,430. 7. Land was sold at cost, and equipment was purchased for cash. ation expense was $23,730 Prepare a of cash flows for 2017 using the indirect method. Enter the