The following information is taken from French Corporation's financial statements: Cash Accounts receivable Allowance for doubtful accounts Inventory Prepaid expenses Land December 31 2018 2017 $ 80,300 $ 29,700 112,200 88,000 (4,950) (3,410) 170,500 192,500 8,250 7,480 110,000 66,000 317,900 268,400 (35,200) (14,300) 22,000 38,500 $781,000 $672,870 Buildings Accumulated depreciation Patents Accounts payable Accrued liabilities Bonds payable Common stock Retained earnings-appropriated Retained earnings-unappropriated Treasury stock, at cost $ 99,000 59,400 137,500 110,000 88,000 303,600 (16,500) $ 92,400 69,300 66,000 110,000 11,000 332,970 (8,800) Treasury stock, at cost (16,500) $781,000 (8,800) $672,870 For 2018 Year Net income Depreciation expense Amortization of patents Cash dividends declared and paid Gain or loss on sale of patents $80,630 20,900 5,500 33,000 none Prepare a statement of cash flows for French Corporation for the year 2018. (Use the indirect method.) (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) French Corporation Statement of Cash Flows Increase (Decrease) in Cash Adjustments to reconcile net income to 1 . " . - 19 1