Comparative consolidated financial statements for Pop Corporation and its subsidiary, Son Corporation, at and for the years ended December 31, 2017 and 2016 follow (in thousands).

REQUIRED:
Prepare a consolidated statement of cash flows for the year ended December 31, 2017. The changes in equipment are due to a $100,000 equipment acquisition for cash, current depreciation, and the sale of one-ninth of the fair value/book value differential allocated to equipment ($10,000) and related accumulated depreciation ($2,000). This reduction in the unamortized fair value/book value differential results from selling a 10 percent interest in Son for $72,700 and thereby reducing its interest from 90 percent to 80 percent. Son's net income and dividends for 2017 were $110,000 and $50,000, respectively. Dividends were declared and paid on December 31. Use the indirect method.