The Comparative balance sheet is as follows, please prepare the statement of cash flows

X Balance Sheet The comparative balance sheet for Seaway 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 Seaway Travel Services, Inc.: Click the icon to view the transaction data) Prepare the statement of cash flows (indirect method) for Seaway 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 Seaway Travel Services, Inc. Statement of Cash Flows Operating Activities Section (Indirect Method) For the Year Ended December 31, 2017 Operating Activities: Seaway Travel Services, Inc. Comparative Balance Sheets December 31, 2017 and 2016 Assets 2017 2016 Current assets Cash S 45,000 5 12.000 Accounts receivable 77,000 81,000 Inventory 60.000 17,000 Prepaid insurance 10.000 11,000 Total current assets S 192,000 5 121,000 0 Transactions Adjustments to reconcie net income to cash basis: D Land Equipment Less Accumulated depreciation 5 107,ODD S 117,000 85,000 54,000 (14000) (8.000) 5 370,000 $ 204,000 a. Land was sold for 55.900 h. 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 $40,000 f. Cash dividends paid auring the year were 59,000 Total assets Print Done Net cash provided by used for operating activities Investing Activities: Liabilities Current liabbes Accounts payable Wages payable Interest payable Income taxes payable Total current abilities $ 29,000 $30,000 30,000 21,000 11,000 10.000 9,000 6.000 5 79,000 $76,000 Net cash provided by used for investing activities Financing Activities: Notes payable (long-term Total sabates 97.000 89,000 $ 175,000 5 165,000 Net cash provided by used for) financing activities Net increase (crease) in cash Cash, beginning of the year Cash end of the year Stockholders' equity Common stock Retained earnings $ 158,000 $ 114.000 35,000 5,000 Print Done Choose from any lost or enter any number in the input fields and then continue to the next