Question #3 (5 points): The following information is available for the A Big Gazit Corporation: A Big Gazint Corporation Income Statement For the Year Ended December 31, 2017 Service Revenue Operating Expenses $900,000 700,000 S 200,000 10,000 $ 210,000 25,000 S 185,000 90,000 Operating Income Gain on Investment Sale Net income Before Income Taxes Loss on Sale of Investments Income Tax Expense Net Income The following partial balance sheet information is also available for 2015 and 2014: 2017 2016 S 655,000 435,000 100,000 Cash Accounts Receivable Merchandise Inventory Supplies L.T. Investments Accounts Payable Income Taxes Payable 120,000 40,000 35,000 70,000 10,000 50,000 20,000 80,000 60,000 15,000 In addition, the following transactions took place during 2017: 1. Common stock was issued for $100,000 cash 2. Long-term investments were sold for $55,000. 3. Cash dividends of $80,000 were paid. 4. The operating expenses included depreciation of $30,000. Prepare in good form, a eash flow statement for 2017 using the indireet method for A Big Gazint Corporation. Required