Maps DrillingInfo Wells Fargo - Banki.. Welcome To EFTPS... GHIN Handicap Pro. GHIN Kiosk Admin Portal Current Attempt in Progress Condensed financial data of Sheridan Company for 2017 and 2016 are presented below. SHERIDAN COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2017 AND 2016 Cash Receivables 2017 2016 $1,760 $1,180 1,750 1,290 1,620 1.890 1,930 1,690 (1,280) (1,160) Inventory Plant assets Accumulated depreciation Long-term investments (held-to-maturity) 1,290 $7.070 1,440 $6,330 Accounts payable $1,180 $920 260 Accrued liabilities 200 Bonds payable 1,370 1.550 Common stock 1.930 Retained earnings 2.390 $7.070 1,670 1.930 $6,330 aps Al DrillingInfo Wells Fargo - Bank... GHIN Kiosk & Admin Portal RRC Public G Welcome To EFTPS... $7,070 GHIN Handicap Pro... 56,330 SHERIDAN COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2017 Sales revenue $6,800 4,700 2,100 Cost of goods sold Gross margin Selling and administrative expenses Income from operations 910 1,190 Other revenues and gains Gain on sale of investments Income before tax 1,270 Income tax expense 550 Net income 720 Cash dividends 260 Income retained in business $460 Additional information: During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold in 2017 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either o- signe.g. - 15,000 ou