The income statement for the year ended December 31, 2017, for Stellar Manufacturing Company contains the following condensed information. $ 6,576,000 STELLAR CO. INCOME STATEMENT Revenues Operating expenses (excluding depreciation) $4,913,000 Depreciation expense 863,000 Income before income tax Income tax expense Net income 5,776,000 800,000 360,000 440,000 $ Included in operating expenses is a $24,000 loss resulting from the sale of machinery for $263,000 cash. The company purchased machinery at a cost of $733,000. Stellar reports the following balances on its comparative balance sheets at December 31. STELLAR CO. COMPARATIVE BALANCE SHEETS (PARTIAL) 2017 2016 Cash $653,000 $123,000 Accounts receivable 778,000 603,000 Inventory 830,500 864,000 Accounts payable 521,500 504,000 85 Income tax expense of $360,000 represents the amount paid in 2017. Dividends declared and paid in 2017 totaled $203,000. Prepare the statement of cash flows 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).) STELLAR COMPANY Statement of Cash Flows Adjustments to reconcile net income to