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The comparative balance sheet for Eastem Travel Services, Inc,, for December 31, 2017 and 2016, is as follows: (Click the icon to view the comparative

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The comparative balance sheet for Eastem 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 Eastern Travel Services, Inc: (Click the icon to view the transaction data.) Prepare the statement of cash flows (indirect method) for Eastern Travel Services, Inc., for 2017. Prepare the statement one section at a time. (Use parentheses or a minus sign for numbers to be subtracted and decreases in cash.) Eastern Travel Services, Inc. Statement of Cash Flows-Operating Activities Section (Indirect Method) Balance Sheet Transactions a. Land was sold for $15,600. 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 $35,000. f. Cash dividends paid during the year were $6,000. castern iravei 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

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