The comparative balance sheets of Stellar Inc. at the beginning and the end of the year 2017 are as follows. Jan. 1, 2017 Inc./Dec. STELLAR INC. BALANCE SHEETS Dec 31, 2017 Assets Cash $ 47,500 Accounts receivable 95,400 Equipment 43,400 Less: Accumulated Depreciation Equipment 21,400 Total $164,900 Liabilities and Stockholders' Equity Accounts payable $ 24,400 Common stock 102,500 Retained earnings 38,000 Total $164,900 $ 15,500 89,900 23,900 11,000 $118,300 $32,000 Inc. 5,500 Inc. 19,500 (hc. 10,400 Inc. $ 16,900 81,900 19.500 $118,300 7,500 Inc. 20,600 Inc. 18 Sonne Net income of $48,400 was reported, and dividends of $29.900 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).) STELLAR INC. Statement of Cash Flows For the Year Ended December 31, 2017 Type here to search 0 0 0 STELLAR INC. Statement of Cash Flows For the Year Ended December 31, 2017 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Depreciation Expense Purchase of Equipment Net Income Cash Flows from Operating Activities Cash Flows from Investing Activities Purchase of Equipment Cash Flows from Investing Activities Purchase of Equipment Cash Flows from Financing Activities Payment of Cash Dividends Issuance of Common Stock Cash Flows from Financing Activities Net Increase in Cash Cash at Beginning of Year Cash at End of Year Click if you would like to Show Work for this question: Open Show Work