Question Help Balance Shee E13-13A (similar to) The comparative balance sheet for Fair Isle Travel Services, Inc., for December 31, 2017 and 2016, is as follows (Click the loon to view the comparative balance sheet:) The following information is taken from the records of Fair Isle Travel Services, Inc.: (Click the icon to view the transaction data) Prepare the statement of cash flows indirect method) for Fair Isle Travel Services, Inc., for 2017 Prepare the statement one section at a time. (Use parentheses or a minus sign for numbers to be subtracted and decrease in cash) Fair Isle Travel Services, Inc. Statement of Cash Flows-Operating Activities Section (Indirect Method) For the Year Ended December 31, 2017 Operating Activities Fair Isle Travel Services, Inc. Comparative Balance Sheets December 31, 2017 and 2016 Assets 2017 2010 Current Cash 5 10,000 $13,000 75.000 56,000 62,000 16.000 8.000 12.000 Accounts receivable Inventory Prepaid insurance Total current Adjustments to reconcile net income to cash basis Transactions $ 155,000 $ 127,000 Land was sold for $6.000 b. Equipment was purchased for cash c. There were no disposals of equipment during the year. d. The common stock wased for cash Net income for 2017 was $33.000 t. Cash dividends paid during the year were $9.000 Equipment Less Accumulated depreciation $ 100.000 $ 110.000 84.000 55,000 (18.000) (12,000) $ 330,000 $ 288,000 Choose from any it or enter any number in the input fields and then click Che Totalsts 3 parts remaining Print Done Denn