Part 2 - Prepare the Statement of Cash Flows for Waverly Corporation. Statement of Cash Flows Waverly Corporation For the Year Ended December 31, 2017 $ $ 15,000 Gain Net Income Amortization of Patent Proceeds from Issuance of Common Stock Decrease in inventory Sale of building Decrease in Accounts Payable Purchase of Equipment Payment of Cash Dividend Depreciaiton Expense Decrease in Accounts Receivable Payment of Mortgage Increase in short-term notes payable Sale of land Purchase of delivery van Cash at the beginning of the year $ 344,000 12,000 $ 33,000 $ 37,000 $ 85,000 $ 15,000 $ 185,000 $ 44,000 $ 55,000 $ 23,000 $ 85,000 8,000 $ 40,000 $ 33,000 $ 105,000 $ $ $ 5,000 Loss