I have attempted to complete the given problem, however I fell short in some areas and would like some assistance

Here are comparative balance sheets for Velo Company. VELO COMPANY Comparative Balance Sheets December 31 Assets 2017 Cash $72,600 Accounts receivable 86,300 Inventory 170,500 Land 73,800 Equipment 260,000 Accumulated depreciationequipment (65,900 ) Total $597,300 2016 $33,000 71,400 186,600 100,800 200,800 (34,100 ) $558,500 Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total $47,000 204,000 174,700 132,800 $558,500 $35,400 151,100 214,900 195,900 $597,300 Additional information: 1. 2. 3. 4. 5. Net income for 2017 was $104,800. Cash dividends of $41,700 were declared and paid. Bonds payable amounting to $52,900 were redeemed for cash $52,900. Common stock was issued for $40,200 cash. 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).) VELO COMPANY Statement of Cash Flows For the Year Ended December 31, 2017 Cash Flow s from Operating Activities $ Net Income 104,800 Adjustments to reconcile net income to Net Cash Provided by Operating Activities $ Depreciation Expense 31,800 Increase in Accounts Receivable Decrease in Inventory 16,100 Decrease in Accounts Payable 21,400 Net Cash Provided by Operating Activities 126,200 Cash Flow s from Investing Activities Sale of Land 27,000 Purchase of Equipment Net Cash Used by Investing Activities Cash Flow s from Financing Activities Redemption of Bonds Issuance of Common Stock 40,200 Payment of Cash Dividends Net Increase in Cash Cash at Beginning of Period 39,600 33,000 $ Cash at End of Period 72,600