The balance sheets for Bally Inc. presents the following information. concerning transactions and events during 2018 are presented below Additional information Bally Inc. Balance Sheet ($ in thous) -Decembe $10,200 20,300 29,000 13,000 315,000 150,000 $12,700 53,400 25,000 14,000 460,000 266,500 Cash Accounts Receivable Inventory Investments-Equity Securities (Net) Long Term Investments-Common Stock Property, Plant & Equipment (25.000) 796,000 $512.500 Total Assets 28,000 $26,500 17,000 $16,000 Accounts Payable Other Accrued Liabilities Dividends Payable Bonds Payable Common Stock Additional Paid-Capital Common Stock Retained Earnings Treasury Stock 35,000 150,000 100,000 200,000 100,000 50,000 100,000 367,000 219,000 (100,000) -0 $796,000 $512,500 Total Liabilities and Stockholders' Equity Additional data for 2018: ($ in thous) 1. Net Income for the year, $250,000 2. Plant Assets that cost $15,000 were sold for $5,000. The gain of $2,000 on the sale was reported in net income. 3. Dividends declared were $102,000 4. During the year common stock was issued at an amount above par 5. Recorded an adjusting entry at year end for a $1,000 unrealized gain on equity securities. (note: the account Investments-Equity Securities is a net amount with the Fair Value Adjustment account) 6. Bally uses the Equity Method of Accounting for Investments in Common Stock. During 2018, Bally reported $10,000 of equity income. Instructions: Prepare a Statement of Cash Flows (use the indirect method) for 2018 for Bally Inc