A. Prepare a statement of cash flows for 2017 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).)

B.

Exercise 13-9 Rodriquez Corporation's comparative balance sheets are presented below: RODRIQUEZ CORPORATION Comparative Balance Sheets December 31 2017 2016 Accounts receivable Investments Equipment Accumulated depreciation-equipment $ 16,800 25,400 19,750 60,050 $ 17,600 22,100 16,250 69,950 (13,750) (10,400) Total $108,250 $115,500 Accounts payable Bonds payable Common stock Retained earning:s $ 14,650 10,000 50,300 33,300 $108,250 $ 11,250 30,100 44,600 29,550 $115,500 Total Additional information: 1. Net income was $18,750. Dividends declared and paid were $15,000 2. Equipment which cost $9,900 and had accumulated depreciation of $1,600 was sold for $3,800. 3. No noncash investing and financing activities occurred during 2017