The balance sheets for Bally Inc. show the following information. Additional information concerning transactions and events during 2017 are presented below. Bally Inc. Balance Sheet in thous) 2017 -2016 $10.200 $12,700 Cash 53,400 Accounts Receivable 29,000 25,000 Inventory 13,000 14,000 Investments Equity Securities (Net) 315,000 460.000 Long Term Investments Common Stock 150,000 266,500 Property, Plant & Equipment -135.600 (25.000) Accumulated Depreciation $796.000 $512.500 Total Assets $16,000 $26,500 Accounts Payable 17,000 28.000 Other Accrued Liabilities 35,000 Dividends Payable 100.000 150.000 Bonds Payable 100,000 Common Stock 100,000 Additional Paid-Capital Common Stock 200.000 367,000 219,000 Retained Earnings 100 000 Treasury Stock $796.000 $512.500 Total Liabilities and Stockholders' Equity Additional data for 2017: 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 amount above par. 4. the year common stock was issued at n gain on equity 5. Recorded an adjusting entry at end for securities. (note: the account Investments Equity Securities is a net with the amount 6. uses Adjustment account) Investments stock. During the Equity Method of Accounting for in Common 2017, Bally reported Instructions: Prepare a statement of Cash Flows (use the indirect method for 2017 for Bally Inc