Explain the mistake in my work that made the ending numbers (circled in red) unequal. The first image presents a list of transactions that took place and effected the following Statement of Cash Flows. Any change in balance from the end of 2016 to the end of 2017 that could not be known from the information given in the first image was deduced by looking at the difference between the 2016 and 2017 balance.

During 2017, - The company sold equipment that cost $94,500 for $8,000 cash, while recording a gain of $3,700 - The company acquired land costing $30,000 by giving the owner $30,000 in bonds - Net loss for the year ended December 31, 2017, totalled $59,100 - Short-term investments purchased during the year for $2,000 were sold at a loss of $1,600 - Inventory on the books was written off with the following entry: 12/31/17 Loss on Inventory Write-Down Inventory 36,500 36,500 - The company sold a patent (with an amortized cost of $37,000) for a loss of $5,300 - The dividend payable was paid in January, 2017. Although dividends payable is a current liability, what kind of cash flow is a dividend payment? The company took $1,500 in amortization expense 12/31/17 Amortization Expense 1,500 Patents 1,500 - The company leased a special asset in the following transaction: 2/14/17 Right of Use Asset 86,000 Obligations under Capital Lease The company made lease payments over the lease term in 2017 86,000 - The company amortized the Right of Use Asset during 2017 INSTRUCTIONS Complete the statement of cash flows worksheet for Ramjac for the year ended December 31, 2017 Balance 12/31/16 Balance 12/31/17 DEBITS dr Cr 23,000 ash hort-term Investments 25,700 0 13,900 Inventory 124,800 27,700 36,500 168,000 301,000 0 45,000 116,000 38,300 168,000 314,700 78,000 Equipment Right-of-Use Asset (Net) Patents (Net) 108,200 94,500 37,000 727,200 812.000 CREDITS A/D -Building A/D Equipment 134,000 213,000 139,000 184,400 24.400 0 17,000 79,600 180,000 140,000 amed Revenue Dividend Payable Notes Payable (Nontrade 23,200 30,000 0 150,000 100,000 13,000 6,400 86,000 bligation under Capital Lease Bonds Pavable Common Stock Additional Paid-In Capital RIE 40,000 10,000 76,700 59,100 812,000 Inflows/Adds Outflows/Deds Cash Flows from Operating Actitivities Net Income Gain on Sale ofEquipment Loss on Sale of Short Term Investment Loss on Inventory Write Down Loss on Sale of Patent Amortization Expense Amortization of Right of Use Asset Increase in A/R Increase in Inventory Increase in A/D Building Increase in A/D Equipment Increase in Unearned Service Revenue Cash flows from investing activities Proceeds from Sale of Equipment Proceeds from Sale of Short Term Investment Proceeds from Sale of Patent Increase in short term investments Purchase of Patents Purchase of Equipment 3,700 12,500 27,700 23,200 13,900 108,200 Cash flows from financing activities Payment of Dividend Payment on Lease Payment on Note Payable Issuance of common stock 6,400 13,000 253,200 232,900 232,900 Significant Noncash Transactions Acquisition of Land Usage of Bonds to Pay Obligations under Capital Lease Lease of Right of Use Asset 30,000 30,000 86,000 During 2017, - The company sold equipment that cost $94,500 for $8,000 cash, while recording a gain of $3,700 - The company acquired land costing $30,000 by giving the owner $30,000 in bonds - Net loss for the year ended December 31, 2017, totalled $59,100 - Short-term investments purchased during the year for $2,000 were sold at a loss of $1,600 - Inventory on the books was written off with the following entry: 12/31/17 Loss on Inventory Write-Down Inventory 36,500 36,500 - The company sold a patent (with an amortized cost of $37,000) for a loss of $5,300 - The dividend payable was paid in January, 2017. Although dividends payable is a current liability, what kind of cash flow is a dividend payment? The company took $1,500 in amortization expense 12/31/17 Amortization Expense 1,500 Patents 1,500 - The company leased a special asset in the following transaction: 2/14/17 Right of Use Asset 86,000 Obligations under Capital Lease The company made lease payments over the lease term in 2017 86,000 - The company amortized the Right of Use Asset during 2017 INSTRUCTIONS Complete the statement of cash flows worksheet for Ramjac for the year ended December 31, 2017 Balance 12/31/16 Balance 12/31/17 DEBITS dr Cr 23,000 ash hort-term Investments 25,700 0 13,900 Inventory 124,800 27,700 36,500 168,000 301,000 0 45,000 116,000 38,300 168,000 314,700 78,000 Equipment Right-of-Use Asset (Net) Patents (Net) 108,200 94,500 37,000 727,200 812.000 CREDITS A/D -Building A/D Equipment 134,000 213,000 139,000 184,400 24.400 0 17,000 79,600 180,000 140,000 amed Revenue Dividend Payable Notes Payable (Nontrade 23,200 30,000 0 150,000 100,000 13,000 6,400 86,000 bligation under Capital Lease Bonds Pavable Common Stock Additional Paid-In Capital RIE 40,000 10,000 76,700 59,100 812,000 Inflows/Adds Outflows/Deds Cash Flows from Operating Actitivities Net Income Gain on Sale ofEquipment Loss on Sale of Short Term Investment Loss on Inventory Write Down Loss on Sale of Patent Amortization Expense Amortization of Right of Use Asset Increase in A/R Increase in Inventory Increase in A/D Building Increase in A/D Equipment Increase in Unearned Service Revenue Cash flows from investing activities Proceeds from Sale of Equipment Proceeds from Sale of Short Term Investment Proceeds from Sale of Patent Increase in short term investments Purchase of Patents Purchase of Equipment 3,700 12,500 27,700 23,200 13,900 108,200 Cash flows from financing activities Payment of Dividend Payment on Lease Payment on Note Payable Issuance of common stock 6,400 13,000 253,200 232,900 232,900 Significant Noncash Transactions Acquisition of Land Usage of Bonds to Pay Obligations under Capital Lease Lease of Right of Use Asset 30,000 30,000 86,000