Kate Petusky prepared Addison Controls' balance sheet and income statement for 2016. Before she could complete the statement of cash flows, she had to leave town to attend to a family emergency. Because the full set of statements must be provided to the auditors today, Addison's president, Lance Meyers, has asked you to prepare the statement of cash flows. Meyers has provided you with the balance sheets and income statement that Petusky prepared, as well as some notes she made Addison Controls For the Year Ended December 31, 2016 $ 127,900 69,800 58,100 Sales revenue Cost of goods sold Gross margin Selling expense Administrative expense Salaries expense Depreciation expense Interest expense Income before gain and taxes Gain on sale of Land Income tax expense $13,000 8,000 20,000 1,900 4,000 46,900 11,200 900 800 11,300 Net income