SEE ATTACHED SCREENSHOT

Here are comparative balance sheets for Velo Company.

VELO COMPANY Comparative Balance Sheets December 31
Assets	2017	2016
Cash	$ 73,000	$ 32,800
Accounts receivable	86,500	70,500
Inventory	169,500	186,500
Land	73,500	101,100
Equipment	259,800	201,000
Accumulated depreciation?equipment	(66,000	)	(34,500	)
Total	$596,300		$557,400
Liabilities and Stockholders? Equity
Accounts payable	$ 35,400	$ 47,500
Bonds payable	149,200	203,100
Common stock ($1 par)	216,200	174,000
Retained earnings	195,500		132,800
Total	$596,300		$557,400

Additional information:

1.	Net income for 2017 was $103,900.
2.	Cash dividends of $41,200 were declared and paid.
3.	Bonds payable amounting to $53,900 were redeemed for cash $53,900.
4.	Common stock was issued for $42,200 cash.
5.	No equipment was sold during 2017, but land was sold at cost.

Prepare a statement of cash flows for 2017 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000, or in parenthesis e.g. (15,000).)