Exercise 5-17 (Part Level Submission) Coronado Corporation's balance sheet at the end o 2016 nduded the tollowing tems Ourrent assets (Cash $82,000) $236,330 Ourrent liabilities 151,330 and Londs payable J1.SSU 121,330 Common stock 91,550 Retained earnings 5,550 (31,330) Total 11,00 101,J30 131,550 Equipment Accum. depr. buildings $479.760 Totsl The following information is available for 2017 1. Net income was $55,120 2. Equipment (cast $21,330 and accumulated depreation $9,330) was sold for $11,330 3. Depreciation expense was $5,330 on the building and $10,330 on equipment. 4. Patent amortization was $2,500 5. Current assets other than cash increased by $29,000. urrent liabilities increased by $14,330 6. An addition to the building was comp eted at a cost of $28,330. 7. A lonc-term investment (Equity) in stock was purchssed for $15,000 8. Bonds psysble o 551,550 were issued 9. Cash dividends of $30,000 were dedared and paid. 10. Tresury stock was purchased atacost of $11,00O. (a) Your answer is partially correct. Try agein. Prepare e statement of essh Flows for 2017. (Show aunts Uhal decrease cash low with eithera - sign e.g. -15,000 or in parer CORONADO CORPORATION or the Year End ed Dece Cash Flows from Oparating Activities justments to reconole net income to Net Cash Provided by Opereting Activities Intrease in Current Liabilities 143 Loss on Sale of Equipment Patent Ameetization ncrease in Current Assets( Other tha Net Cash Provided by Operating Activities Cash Flows from Investing Activities Sale of Equipment Addtion to Building 28330 mvestmient in Stock Net Cash LUsed by Investing Activites Cash Flows from Financing Activties Issuance of Bonds Payment of Dividends Purchsse of Treasury Stock Net Cash provided by Financing Activities Net Cash Provided by Financing Actvities Cash at Beginning of Period Cash at End of Period Click if you would like to Show Work for this question: open Show Work