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The following information is available for Mergenthaler Corporation for the year ended December 31, 2017 $16.000 Collection of principal on long-term loan decrease in LT

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The following information is available for Mergenthaler Corporation for the year ended December 31, 2017 $16.000 Collection of principal on long-term loan decrease in LT notebol Acquisition of equipment for cash Proceeds from the sale of long-term investment at book value 10 000 22.000 Issuance of common stock for cash 20.000 25.000 Depreciation expense Redemption of bonds payable at carrying book value Payment of cash dividends 34.000 6.000 Net income 30.000 Purchase of land by issuing bonds payable 0.000 In addition, the following information is available from the comparative balance sheet for Mergenthaler at the end of 2017 and 2016 2017 2016 Cash 5148.000 591000 Accounts receivable net) 25.000 15.000 19.000 13.000 Prepaid insurance Total current assets 5192.000 $119.000 $ 30.000 $19.000 Accounts payable Salaries and wages payable Total current liabilities 6.000 7000 $36.000 20.000 Instructions Prepare Mergenthaler's statement of cash flows for the year ended December 31, 2017, using the indirect method

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