Exercise 5-17 Chekov Corporations balance sheet at the end of 2011 included the following items. Current assets $237,244 Current liabilities $152,244 Land 32,514 Bonds payable 102,244 Buildings 122,244 Common stock 182,514 Equipment 92,514 Retained earnings 46,514 Accum. depr.buildings (32,244 ) Total 483,516 Accum. depr.equipment (11,000 ) Patents 42,244 Total $483,516 The following information is available for 2012. 1. Net income was $58,089. 2. Equipment (cost $22,244 and accumulated depreciation $10,244) was sold for $11,244. 3. Depreciation expense was $6,244 on the building and $11,244 on equipment. 4. Patent amortization was $2,500. 5. Current assets other than cash increased by $25,000. Current liabilities increased by $15,244. 6. An addition to the building was completed at a cost of $29,244. 7. A long-term investment in stock was purchased for $16,000. 8. Bonds payable of $52,514 were issued. 9. Cash dividends of $25,000 were declared and paid. 10. Treasury stock was purchased at a cost of $11,000. (a) Prepare a statement of cash flows for 2012. (Show only totals for current assets and current liabilities.)