Sandhill Inc. had the following condensed balance sheet at the end of operations for 2016. During 2017, the following occurred. (a) Sandhill Inc. sold part of its investment portfolio for $13,100. This transaction resulted in a gain of $5,000 for the company. No unrealized gains or losses were recorded on these investments in 2017. (b) Dividends totaling $9,100 were paid to stockholders. (c) A tract of land was purchased for $12,300. (d) Net income was $34,300 after allowing depreciation of $13,700. (e) Bonds payable in the amount of $10,900 were redeemed at par. (f) Land was purchased through the issuance of $22,400 in bonds. (g) An additional $10,200 in common stock was issued at par. (h) Both current assets (other than cash) and current liabilities remained at the same amount. Prepare a statement of cash flows for 2017 using the indirect method. (Show amounts that decrease cash flow with either a - sign eg. 15,000 or in parenthesiseg. (15,000) ) SANDHILL INC. STATEMENT OF CASH FLOWS For the Year Ended December 31, 2017 $ Adjustments to reconcile net income to net cash provided by operating activities: $ $