Question 2: (B1& C2&D3) (10 points) 2. The following information pertains to Karim Company: Account Cash Account Receivables Inventories Equipment Land Accounts payable Notes Payable Bonds Payable Long Term Loans 2016 20,000 190,000 150,000 110,000 360,000 76,000 50,000 720,000 800,000 2017 485,000 80,000 185,000 110,000 320,000 66,000 30,000 450,000 920.000 Depreciation during the period was $80,000; Net income $460,000; cash dividends $10,000. Instructions: Prepare statement of cash flows for 2017. Answer of Question 2