The comparative balance sheet for SeawaySeaway Travel Services, Inc., for December 31, 2017 and 2016 is as follows:

Seaway Travel Services, Inc.
Comparative Balance Sheets
December 31, 2017 and 2016
Assets		2017	2016
Current assets:
Cash		$45,000	$19,000
Accounts receivable		78,000	82,000
Inventory		63,000	22,000
Prepaid insurance		9,000	10,000
Total current assets		$195,000	$133,000
Land		$110,000	$115,000
Equipment		78,000	61,000
Less: Accumulated depreciation		(14,000)	(9,000)
Total assets		$369,000	$300,000
Liabilities
Current liabilities:
Accounts payable		$23,000	$35,000
Wages payable		34,000	25,000
Interest payable		20,000	18,000
Income taxes payable		8,000	5,000
Total current liabilities		$85,000	$83,000
Notes payable (long-term)		94,000	84,000
Total liabilities		$179,000	$167,000
Stockholders' equity
Common stock		$147,000	$114,000
Retained earnings		43,000	19,000
Total stockholders' equity		$190,000	$133,000
Total liabilities and equity		$369,000	$300,000

The following information is taken from the records of SeawaySeaway Travel Services, Inc.:

a.	Land was sold for $ 1 comma 500$1,500.
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 20172017 was $ 33 comma 000$33,000.
f.	Cash dividends paid during the year were $ 9 comma 000$9,000.

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.