The comparative balance sheets for Swifty Corporation show the following information.

		December 31
		2017		2016
Cash		$33,600		$12,900
Accounts receivable		12,300		10,100
Inventory		12,200		8,900
Available-for-sale debt investments		0		3,000
Buildings		0		29,600
Equipment		45,200		19,900
Patents		5,100		6,200
		$108,400		$90,600
Allowance for doubtful accounts		$2,900		$4,400
Accumulated depreciationequipment		2,000		4,500
Accumulated depreciationbuilding		0		6,100
Accounts payable		5,100		3,000
Dividends payable		0		4,900
Notes payable, short-term (nontrade)		2,900		4,000
Long-term notes payable		31,000		25,000
Common stock		43,000		33,000
Retained earnings		21,500		5,700
		$108,400		$90,600

Additional data related to 2017 are as follows.

1.		Equipment that had cost $11,100 and was 40% depreciated at time of disposal was sold for $2,500.
2.		$10,000 of the long-term note payable was paid by issuing common stock.
3.		Cash dividends paid were $4,900.
4.		On January 1, 2017, the building was completely destroyed by a flood. Insurance proceeds on the building were $30,100 (net of $2,000 taxes).
5.		Investments (available-for-sale) were sold at $1,700 above their cost. The company has made similar sales and investments in the past.
6.		Cash was paid for the acquisition of equipment.
7.		A long-term note for $16,000 was issued for the acquisition of equipment.
8.		Interest of $2,000 and income taxes of $6,400 were paid in cash.

Statement of Cash Flows For the Year Ended December 31, 2017 Cash Flows from Operating Activities 15800 Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Loss on Sale of Equipment Gain from Flood Damage Depreciation Expense Patent Amortization Gain on Sale of Investments Increase in Accounts Receivable (Net) Increase in Inventory Increase in Accounts Payable Net Cash Provided by Operating Activities A Cash Flows from Investing Activities Sale of Investments Sale of Equipment Purchase of Equipment Proceeds from Flood Damage to Building Net Cash Provided by Investing Activities Cash Flows from Financing Activities Payment of Dividends Payment of Short-term Note Payable Net Cash Used by Financing Activities Net Increase in Cash Cash, January 1, 2017 Cash, December 31, 2017 +A Supplemental disclosures of cash flow information A