Shown below are comparative balance sheets for Bridgeport Company. Bridgeport Company Comparative Balance Sheets December 31 2017 2016 Assets Cash Accounts receivable Inventory Land Equipment Accumulated depreciation-equipment (139,656) (67,712) $143,888 46,552 160,816 399,924 211,600 423,200 186,208 353,372 169,280 550,160 $1,263,252 $1,174,380 Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total $82,524$90,988 423,200 368,184 292,008 $1,263,252 $1,174,380 317,400 457,056 406,272 Additional information: 1. Net income for 2017 was $196,788. 2. Depreciation expense was $71,944 3. Cash dividends of $82,524 were declared and paid. 4. Bonds payable amounting to $105,800 were redeemed for cash $105,800. 5. Common stock was issued for $88,872 cash. 6. No equipment was sold during 2017 7. Land was sold for its book value. Prepare a statement of cash flows for 2017 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -45,000, or in parenthesis e.g (45,000))