Here are comparative balance sheets for Velo Company. VELO COMPANY Comparative Balance Sheets December 31, 2017 2016 ssets Cash 73,400 33,100 86,000 71,500 Accounts receivable Inventory 170,300 186,900 72,600 100,000 Land Equipment 260,500 199,300 Accumulated depreciation-equipment (65,700) (33,700) $597,100 $557,100 Total Liabilities and Stockholders' Equity $35,300 Accounts payable $46,500 Bonds payable 150,600 204,000 Common stock ($1 par) 216,200 175,500 195,000 Retained earnings 131,100 $597,100 $557,100 Total Additional information: 1. Net income for 2017 was $101,200. 2. Cash dividends of $37,300 were declared and paid. 3. Bonds payable amounting to $53,400 were redeemed for cash $53,400. 4. Common stock was issued for $40,700 cash. 5. No equipment was sold during 2017, but land was sold at cost Prepare a statement of cash flows for 2017 using the indirect method. (Show amounts that decrease cash flow with either a sign e g.-15,000, or in parenthesis e g. (15,000).)