The comparative balance sheet for Dream Big Travel Services, Inc., for December 31, 2017 and 2016, is as follows: (Click the icon to view the comparative balance sheet.) The following information is taken from the records of Dream Big Travel Services, Inc.: (Click the icon to view the transaction data.) Dream Big Travel Services, Inc., uses the indirect method for preparing the statement of cash flows. Prepare the operating section of the statement of cash flows for 2017. (Use parentheses or a minus sign for numbers to be subtracted or net cash outflow.) Dream Big Travel Services, Inc. Statement of Cash Flows-Operating Activities Section (Indirect Method) For the Year Ended December 31, 2017 Operating Activities: Adjustments to reconcile net income to cash basis: Net cash provided by (used for) operating activities A B 1 2 Dream Big Travel Services, Inc. Comparative Balance Sheets December 31, 2017 and 2016 3 4 Assets 2017 2016 5 Current assets: 6 Cash $ 42,000 $ 15,000 7 Accounts receivable 76,000 84,000 60,000 8 Inventory 9 Prepaid insurance 10 Total current assets 22,000 11,000 9,000 $ 187,000 $ 132,000 11 12 Land $ 103,000 $ 115,000 13 Equipment 14 Less: Accumulated depreciation 79,000 54,000 (15,000) (10,000) $ 354,000 $ 291,000 15 Total assets 17 Liabilities 18 Current liabilities: $ 23,000$ 39,000 33,000 28,000 19 Accounts payable 20 Wages payable 21 Interest payable 22 Income taxes payable 23 Total current liabilities 12,000 10,000 11,000 8,000 $ 79,000 $ 85,000 24 92,000 87,000 25 Notes payable (long-term) 26 Total liabilities $ 171,000 $ 172,000 27 28 Stockholders' equity 29 Common stock 30 Retained earnings 31 Total stockholders' equity 32 $ 153,000 $ 118,000 30,000 1,000 $ 183,000 $ 119,000 33 Total liabilities and equity $ 354,000/ $ 291,000 a. Land was sold for $8,600. b. Equipment was purchased for cash. c. There were no disposals of equipment during the year. d. The common stock was issued for cash. e. Net income for 2017 was $41,000. f. Cash dividends paid during the year were $12,000