Prepare a statement of cash flows for 2017

Question 2 Sweet Corporation's balance sheet at the end of 2016 included the following items. Current assets (Cash $82,000) $236,570 Land Buildings Equipment Accum. depr.-buildings Accum. depr.-equipment Patents $151,570 101,570 182,190 92,190Retained earnings 46,190 $481,520 Current liabilities 32,190Bonds payable 121,570 Common stock (31,570) Total (11,000 ) 41,570 Total $481,520 The following information is available for 2017. 1. Net income was $56,470. 2. Equipment (cost $21,570 and accumulated depreciation $9,570) was sold for $11,570. 3. Depreciation expense was $5,570 on the building and $10,570 on equipment. 4. Patent amortization was $2,500. 5. Current assets other than cash increased by $29,000. Current liabilities increased by $14,570. 6. An addition to the building was completed at a cost of $28,570. 7. A long-term investment (Equity) in stock was purchased for $16,000. 8. Bonds payable of $52,190 were issued. 9. Cash dividends of $30,000 were declared and paid. 10. Treasury stock was purchased at a cost of $11,000