Novak Corporations balance sheet at the end of 2016 included the following items.

Current assets (Cash $82,000)		$236,670			Current liabilities		$151,670
Land		31,370			Bonds payable		101,670
Buildings		121,670			Common stock		181,370
Equipment		91,370			Retained earnings		45,370
Accum. depr.-buildings		(31,670	)		Total		$480,080
Accum. depr.-equipment		(11,000	)
Patents		41,670
Total		$480,080

The following information is available for 2017.

1.		Net income was $50,720.
2.		Equipment (cost $21,670 and accumulated depreciation $9,670) was sold for $11,670.
3.		Depreciation expense was $5,670 on the building and $10,670 on equipment.
4.		Patent amortization was $2,500.
5.		Current assets other than cash increased by $29,000. Current liabilities increased by $14,670.
6.		An addition to the building was completed at a cost of $28,670.
7.		A long-term investment (Equity) in stock was purchased for $16,000.
8.		Bonds payable of $51,370 were issued.
9.		Cash dividends of $30,000 were declared and paid.
10.		Treasury stock was purchased at a cost of $11,000.

Prepare a statement of cash flows for 2017. Prepare a balance sheet at December 31, 2017.