The following are Coronado Corp.'s comparative balance sheet accounts at December 31, 2017 and 2016, with a column showing the increase (decrease) from 2016 to 2017, COMPARATIVE BALANCE SHEETS Increase 2017 $812,000 1,135,200 1,B60,900 2016 $700,100 1,173,400 Cash Accounts receivable Inventory Property, plant, and equipment $111,900 ,323,1001,706,700 (38,200) (1,174,200) 1,034,200) (140,000) 273,600 154,200 353,500 2,969,600 Investment in Myers Co. 308,400 250,100 $6,515,500 34,800 250,100 $726,300 Loan receivable 5789.200 Total assets $1,013,400 29,700 79,800 413,300 500,000 1,492,500 2,986,800 $6,515,500 $953,700 50,500 100,700 $59,700 (20,800) (20,900) 413,300 Accounts payable Income taxes payable Dividends payable Lease liability Common stock, $1 par Paid-in capital in excess of par-common stock Retained earnings 500,000 1,492,500 2,691,800 $5,789,200 295,000 $726,300 Total liabilities and stockholders' equity Additional information: 1. On December 31, 2016 Coronado acquired 25% of Myers Co.'s common stock fo $273,600 On that date, the carrying value of Myers's assets and liabilities, which approxi ated their fair values, was $1,094,400. Myers reported income of $139,200 for the year ended December 31, 2017. No dividend was paid on Myers's common stock during the year 2. During 2017, Coronado loaned $313,500 to TLC Co., an unrelated company. nc made the first semiannual principal repayment of $63,400. plus interest at 10%, on December 31, 2017 3. On January 2, 2017, Coronado sold equipment costing $59,800, with a carrying amount of $37,800, for $40,000 cash. 4 On December 31, 2017, Coronado entered into a capital lease for an office building The present value of the annual rental payments is $413,300 which equals the fair value of the building. Coronado made the first ental payment of60,400 when due on January 2, 2018 5. Net income for 2017 was $374,800. 6. Coronado declared and paid the following cash dividends for 2017 and 2016. 2017 2016 Declared Paid Amount December 15, 2017 February 28, 2018 $79,800 December 15, 2016 February 28, 2017 $100,700 Prepare a statement of cash flows for Coronado Corp. for the year ended December 31, 2017, using the indirect method. (Show amounts that decrease cash flow with either a -sign e.g.-15,000 or in parenthesis e.g. (15,000).) CORONADO CORP Statement of Cash Flows Adjustments to reconcile net income to