The comparative balance sheet for Journey Travel Services, Inc., for December 31, 2017 and 2016, is as follows: EEB (Click the icon to view the comparative balance sheet.) The following information is taken from the records of Journey Travel Services, Inc.: (Click the icon to view the transaction data.) Prepare the statement of cash flows (indirect method) for Journey 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.) Journey 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 in Choose from any list or enter any number in the input fields and then click Check Answer Clear All O Type here to search Balance Sheet Journey Travel Services, Inc. Comparative Balance Sheets December 31, 2017 and 2016 Assets 2017 2016 Current assets: Cash Accounts receivable S 45,000 S 22,000 79,000 87,000 63,000 24,000 8,000 10,000 S 195,000 S 143,000 nventory Prepaid insurance Total current assets Land S 107,000 S 114,000 79,000 56,000 Equipment Print Done Balance Sheet 79,00056,000 (17,000) (10,000) $ 364,000 303,000 Equipment Less: Accumulated depreciation Total assets Liabilities Current liabilities Accounts payable Wages payable Interest payable Income taxes payable S 26,000 S 32,000 33,000 26,000 13,00011,000 6,000 S 80,000 S 75,000 8,000 Total current liabilities 100,000 92,000 Notes payable (long-term) PrintDone e C Balance Sheet Interest payable 13,000 11,000 A 8,000 6,000 Income taxes payable Total current liabilities $ 80,000 S 75,000 100,000 92,000 Notes payable (long-term) Total liabilities S 180,000 S 167,000 tockholders' equity Common stock Retained earnings Total stockholders' equity s 133,000 S 114,000 51,000 22,000 S 184,000 S 136,000 S 364.000 S 303.000 Total liabilities and equity Print Done Transactions a. Land was sold for $3,400 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 $36,000 f. Cash dividends paid during the year were $7,000 Done Print