The Fancy Company's comparative balance sheets for 2016 and 2017, and additional information, are presented below.

Fancy Company Comparative Balance Sheets
		December 31,	December 31,
ASSETS		2017	2016
Cash		$ 14,000	$ 9,000
Accounts receivable		52,000	24,000
Inventory		87,000	40,000
Equipment		125,000	100,000
Accumulated depreciation		(42,000)	(34,000)
Prepaid expenses		4,000	2,000
Land		-0-	7,000
Building		50,000	-0-
	Total Assets	$290,000	$148,000
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable		$ 25,000	$ 14,000
Interest payable		8,000	6,000
Taxes payable		37,000	11,000
Short-term note payable		37,000	32,000
Bonds payable		75,000	50,000
Common stock, $10 par		75,000	25,000
Retained earnings		33,000	10,000
	Total Liabilities and Shareholders Equity	$290,000	$148,000
Additional 2017 information:
	Net income, $31,000
	Sold land for gain of $3,000
	Paid dividends of $8,000
	Issued $50,000 common stock to purchase building

Required: Prepare Fancy Company's 2017 statement of cash flows using the indirect method.