I need help with assistance 23-14, I have attached the screen shots

*Exercise 23-14 Swifty Inc., a greeting card company, had the following statements prepared as of December 31, 2017. SWIFTY INC. COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2017 AND 2016 12/31/17 12/31/16 Cash $6,000 $6,900 Accounts receivable 62,500 50,900 Short-term debt investments (available-for-sale) 35,200 17,900 Inventory 40,300 59,500 Prepaid rent 4,900 4,100 Equipment 153,100 129,600 Accumulated depreciationequipment (35,200 ) (24,700 ) Copyrights 45,600 50,500 Total assets $312,400 $294,700 Accounts payable $45,500 $40,000 Income taxes payable 4,000 6,100 Salaries and wages payable 8,000 3,900 Short-term loans payable 8,000 9,900 Longterm loans payable 59,400 68,800 Common stock, $10 par 100,000 100,000 Contributed capital, common stock 30,000 30,000 Retained earnings 57,500 36,000 Total liabilities & stockholders' equity $312,400 $294,700 SWIFTY INC. INCOME STATEMENT FOR THE YEAR ENDING DECEMBER 31, 2017 Sales revenue $337,300 Cost of goods sold 174,000 Gross profit 163,300 Operating expenses 119,100 Operating income 44,200 Interest expense $11,600 Gain on sale of equipment 1,900 9,700 Income before tax 34,500 Income tax expense 6,900 \fIncome tax expense 6,900 Net income $27,600 Additional information: Dividends in the amount of $6,100 were declared and paid during 2017. Depreciation expense and amortization expense are included in operating expenses. No unrealized gains or losses have occurred on the investments during the year. Equipment that had a cost of $20,000 and was 70% depreciated was sold during 2017. :\"P'Pl' Prepare a statement of cash ows using the indirect method. (Show amounts that decrease cash flow with eithera - sign e.g. -15,000 or in parenthesis e.g. (15,000).) SWIFI'Y INC. Statement of Cash Flows | 3 l I v I $ Adjustments to reconcile net income to l G l l l$