The comparative balance sheets for Swifty Corporation as of December 31 are presented below. Swifty Corporation Comparative Balance Sheets December 31 Assets 2017 Cash $ 79,152 Accounts receivable 58.200 Inventory 176.288 Prepaid expenses 17.786 Land 168.780 Buildings 232.800 Accumulated depreciation-buildings (69.840) Equipment 261.900 Accumulated depreciation-equipment (52 380) Total $872,686 2016 $52.380 67,512 165.288 24,444 151,320 232,800 (46,560) 180,420 (40,740) $786,864 Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock, $1 par Retained earnings Total $ 52,066 349,200 232,800 238,620 $872.686 $ 41,904 349,200 186,240 209.520 $786,864 Additional information: 1. 2. 3. 4. 5. Operating expenses include depreciation expense of $48,888 Land was sold for cash at book value, Cash dividends of $13,968 were paid. Net income for 2017 was $43,068. Equipment was purchased for $107,088 cash. In addition, equipment costing $25,608 with a book value of $11,640 was sold for $9.312 cash 46.560 shares of $1 par value common stock were issued in exchange for land with a fair value of $46,560 Prepare a statement of cash flows for the year ended December 31, 2017 using the indirect method. (Show mounts that decrease cash flow with either asics. 15.000 or in parentheses (15,000 Swifty Corporation Statement of Cash Flows For the Year Ended December 31, 2017 Adjustments to reconcile net income to V $