The comparative balance sheet of Shin-Etsu Chemical Company at June 30, 2018, included the following balances SHIN-ETSU CHEMICAL COMPANY Balance Sheet June 30, 2018 and 2017 Increase (Decrease) 2018 2017 Current assets: Cash Accounts receivable Inventories Prepaid expenses Long-term investment Equipment, net Land $31.500 48,800 68,600 3,700 10,100 82.500 42,400 $287,600 $ 8,600 51.900 60,200 2,800 5,200 73.600 96,000 $298,300 $ 22,900 13.100) 8,400 900 4,900 8.900 153,600) $ (10.700) Current Liabilities: Notes payable, short-term (for general borrowing) Accounts payable Income tax payable Accrued liabilities Long-term notes payable Common stock Retained earrings S.13.400 42,400 13.800 12,800 47,400 59,800 98,000 $287,600 $ 18,100 40 300 14,500 15.200 94,100 51.200 64.900 $298,300 $ (4.700) 2.100 (700) 12.400) 46,700) 8.600 33, 100 $(10.700) Transaction data for the year ended June 30, 2018 a. Net income, $71,200. b. Depreciation expense, $5,400 c. Purchased long-term investment, $4.900 d Sold land for $46,900, including a S6,700 loss e. Acquired equipment by issuing long-term note payable, $14,300. f. Paid long-term note payable, $61,000 g. Received cash for issuance of common stock, S3,900. h. Paid cash dividends, $38.100. 1. Paid short-term note payable by issuing common stock $4.700 Required Prepare the statement of cash flows of Shin-Etsu Chemical Company for the year ended June 30, 2018