Exercise 17-9 (Part Level Submission) Rodriquez Corporation's comparative balance sheets are presented below. RODRIQUEZ CORPORATION Comparative Balance Sheets December 31 2017 2016 Cash Accounts receivable Investments Equipment Accumulated depreciation equipment Total $16,600 25,400 19,850 59,750 (14,250 ) $107,350 $17,700 22,000 15,750 70,050 (10,100) $115,400 Accounts payable Bonds payable Common stock Retained earnings $14,450 10,600 50,300 32,000 $107,350 $11,050 30,100 45,100 29,150 $115,400 Total Additional information: 1. Net income was $18.450. Dividends declared and paid were $15,600. 2. Equipment which cost $10,300 and had accumulated depreciation of $1,900 3. No noncash investing and financing activities occurred during 2017. (a) Prepare a statement of cash flows for 2017 using the indirect method. (Show am RODRIQUEZ CORPORATION Statement of Cash Flow Exercise 17-9 (Part Level Submission) Rodriquez Corporation's comparative balance sheets are presented below. RODRIQUEZ CORPORATION Comparative Balance Sheets December 31 2017 2016 Cash Accounts receivable Investments Equipment Accumulated depreciation equipment Total $16,600 25,400 19,850 59,750 (14,250 ) $107,350 $17,700 22,000 15,750 70,050 (10,100) $115,400 Accounts payable Bonds payable Common stock Retained earnings $14,450 10,600 50,300 32,000 $107,350 $11,050 30,100 45,100 29,150 $115,400 Total Additional information: 1. Net income was $18.450. Dividends declared and paid were $15,600. 2. Equipment which cost $10,300 and had accumulated depreciation of $1,900 3. No noncash investing and financing activities occurred during 2017. (a) Prepare a statement of cash flows for 2017 using the indirect method. (Show am RODRIQUEZ CORPORATION Statement of Cash Flow