very long question. please do it accurately will leave a comment and a rating !

A comparative balance sheet and income statement is shown for Cruz, Inc. 2016 CRUZ, INC. Comparative Balance Sheets December 31, 2017 2017 Assets Cash $ 89,000 Accounts receivable, net 38,200 Inventory 80,000 Prepaid expenses 4,900 Total current assets 212,100 Furniture 98,800 Accum. depreciation-Furniture (15,300) Total assets $295,600 Liabilities and Equity Accounts payable $ 13,900 Wages payable 8,200 Income taxes payable 1,400 Total current liabilities 23,500 Notes payable (long-term) 28,900 Total liabilities 52,400 Equity Common stock, $5 par value 215,000 Retained earnings 28,200 $ 22,100 46,900 88,000 4,000 161,000 113,300 (8,600) $265,700 $ 19,600 4,600 2,600 26,800 69,000 95,800 169, 100 800 ----- 52,400 95,800 Total liabilities Equity Common stock, $5 par value Retained earnings Total liabilities and equity 215,000 28, 200 $295,600 169,100 800 $265,700 CRUZ, INC. Income Statement For Year Ended December 31, 2017 Sales $454,900 Cost of goods sold 292,800 Gross profit 162,100 Operating expenses Depreciation expense $ 35,000 Other expenses 83,000 118,000 Income before taxes 44,100 Income taxes expense 16,000 Net income $ 28,100 Furniture costing $71,500 is sold at its book value in 2017. Acquisitions of furniture total $57,000 cash, on which no depreciation is necessary because it is acquired at year-end. What is the cash inflow related to the sale of furniture? Furniture Beg bal End, bal Accumulated Depreciation Beg, bal End, bal End. bal. 0 Accumulated Depreciation Beg. bal. End. bal. 0 Cost Accumulated depreciation Book value (Cash received) $ 0 1. Assume that all common stock is issued for cash. What amount of cash dividends is paid during 2017? 2. Assume that no additional notes payable are issued in 2017. What cash amount is paid to reduce the notes payable balance in 2017? Retained Earnings Bog bal End, bal Notes Payable Bog bal End bal Use the indirect method to prepare the cash provided or used from operating activities section only of the statement of cash flows for this company. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities Adjustments to reconcile not income to operating cash flow Income statement items not affecting cash Changes in current operating assets and liabilities