Please use the following comparative balance sheets, income statement and information items for Vido Corporation to prepare in good form, the companys statement of cash flows for the year ended December 31, 2017. Use the indirect method. Then answer the questions on the next page using this same information.

Vido Corp.s December 31, 2017 and 2016 Balance Sheets:

12/31/2017 12/31/2016

Cash $ 43,000 $ 36,000

Accounts Receivable 95,000 91,000

Allowance for Doubtful Accounts (5,000) (4,000)

Inventory 173,000 167,000

Land 130,000 80,000

Buildings and Equipment 385,000 240,000

Accumulated Depr. - Bldg.& Equip. (80,000) (50,000)

Total Assets $741,000 $560,000

Accounts Payable $ 29,000 $ 38,000

Note Payable (short term) 40,000 35,000

Salaries payable 19,000 23,000

Interest payable 4,000 3,000

Income taxes payable 1,000 4,000

Bonds Payable 140,000 90,000

Deferred Tax Liabilities 5,000 0

Common Stock, $10 par 145,000 100,000

Additional Pd.-in-Capital 90,000 10,000

Retained Earnings 298,000 282,000

Treasury Stock (at cost) (30,000) (25,000)

Total Liabilities and Stkhldrs Equity $741,000 $560,000

Vido Corp.s Income Statement for the year ended December 31, 2017:

Sales $750,000

Cost of Goods Sold (520,000)

Gross Profit $230,000

Operating Expenses (180,000)

Income from Operations $ 50,000

Interest Expense (9,000)

Gain on Sale of Equip. 10,000

Income before Taxes $ 51,000

Income Tax Expense (20,000)

Net Income $ 31,000

Cash dividends of $15,000 were declared and paid in 2017.

Equipment that cost $90,000 and was 20% depreciated was sold for cash.

Bonds were issued in exchange for land that was valued at $50,000.

Stock was issued for cash and treasury stock was purchased with cash.

A building was constructed and paid for with cash.

The short term notes payable were for bank loans.

Show work for how to calculate each number.