The following information is taken from French Corporation's financial statements: December 31 2018 2017 $ 91,250 33,750 100,000 Cash Accounts receivable Allowance for doubtful accounts Inventory Prepaid expenses Land Buildings Accumulated depreciation Patents 127,500 (5,625) 193,750 9,375 125,000 361,250 (3,875) 218,750 8,500 75,000 305,000 (40,000)(16,250) 43,750 $887,500 $764,625 25,000 Accounts payable Accrued liabilities Bonds payable Common stock Retained earnings-appropriated Retained earnings-unappropriated Treasury stock, at cost $ 112,500 $105,000 78,750 75,000 125,000 12,500 378,375 (18,750) (10,000) $887,500 $764,625 67,500 156,250 125,000 100,000 345,000 For 2018 Year Net income Depreciation expense Amortization of patents Cash dividends declared and paid Gain or loss on sale of patents $91,625 23,750 6,250 37,500 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 elther a -sign e.g. -15,000 or in parenthesis e.g. (15,000).) French Corporation Statement of Cash Flows in Cash Adjustments to recondle net income to