Problem 12-11A comparative balance sheets for oriole Company as of December 31 are Oriole Company Comparative Balance Sheets 89,148 58,995 65,550 198,551 186,162 27,531 190,095 170,430 262,200 262,200 52440) Accumulated depreciation-equipment (58,995 (45,885) $982,896 $886,236 Liabilities and stockholders Eguity Accounts payable 58,641 47,196 393.300 Common stock, par 262,200 209,760 Retained earnings 268,755 235,980 $982,896 $886,236 Operating expenses indude depreciation expense of $55,062. 2. Land was sold for cash at book value. 3. Cash dividends of $15,732 were paid. 4. Net income for 2017 was $48,507. 5. quipment was purchased for $120,612 cash. In addition, equipment costing with value of s13,110 was sold for s10,488 cash. 52440 shares of $1 par value common stock were issued for land with a fair value of Prepare a statement of cash flows for the year ended December 31,2017, using the indirect method. Show amounts that decrease cash flow Oriole Compan of Cash Flows Adjustments to reconcile net income to