Whispering Winds Corp. reported the following information for 2017. Whispering Winds Corp. Comparative Balance Sheets December 31 Assets 2017 2016 Change Increase/Decrease Cash $64,910 $35,830 $29,080 Increase Accounts receivable 61,840 21,790 40,050 Increase Inventory 44,310 0 44,310 Increase Prepaid expenses 5,990 4,010 1,980 Increase Land 54,840 69,610 14,770 Decrease Buildings 200,240 200,240 0 Accumulated depreciationbuildings (20,910 ) (13,940 ) 6,970 Increase Equipment 181,480 67,820 113,660 Increase Accumulated depreciationequipment (28,090 ) (10,020 ) 18,070 Increase Totals $564,610 $375,340 Liabilities and Stockholders Equity Accounts payable $42,910 $40,330 $2,580 Increase Accrued expenses payable 0 10,070 10,070 Decrease Bonds payable 100,900 150,710 49,810 Decrease Common stock ($1 par) 230,650 59,500 171,150 Increase Retained earnings 190,150 114,730 75,420 Increase Totals $564,610 $375,340 Whispering Winds Corp. Income Statement For the Year Ended December 31, 2017 Sales revenue $941,820 Cost of goods sold $472,100 Operating expenses 229,800 Interest expense 11,970 Loss on disposal of equipment 2,020 715,890 Income before income taxes 225,930 Income tax expense 64,830 Net income $161,100 Additional information: 1. Operating expenses include depreciation expense of $40,160. 2. Land was sold at its book value for cash. 3. Cash dividends of $85,680 were declared and paid in 2017. 4. Equipment with a cost of $164,450 was purchased for cash. Equipment with a cost of $50,790 and a book value of $35,670 was sold for $33,650 cash. 5. Bonds of $49,810 were redeemed at their face value for cash. 6. Common stock ($1 par) of $171,150 was issued for cash. Use this information to prepare a 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).)