The comparative balance sheets of Sheridan Inc. at the beginning and the end of the year 2017 are as follows.

SHERIDAN INC. BALANCE SHEETS
		Dec. 31, 2017		Jan. 1, 2017		Inc./Dec.
Assets
Cash		$ 46,990		$ 14,990		$32,000	Inc.
Accounts receivable		94,720		89,730		4,990	Inc.
Equipment		42,720		23,730		18,990	Inc.
Less: Accumulated Depreciation-Equipment		20,720		11,000		9,720	Inc.
Total		$163,710		$117,450
Liabilities and Stockholders Equity
Accounts payable		$ 23,720		$ 16,730		6,990	Inc.
Common stock		101,990		81,730		20,260	Inc.
Retained earnings		38,000		18,990		19,010	Inc.
Total		$163,710		$117,450

Net income of $47,720 was reported, and dividends of $28,710 were paid in 2017. New equipment was purchased and none was sold. Prepare a statement of cash flows for the year 2017. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)