erguson Corporation determines operating cash flows by the indirect method Click the icon to view the income statement) Click the icon to view the balance sheet) The carrying amount of equipment sold during 2017 was $27.000. Fergusson's net cash flow from investing advities for 2017 was DA net cash used of 537.000 B. net cash used of $25,000 . C. net cash used of 562,000 OD. net cash provided of $37.000 0 Balance sheet Income statement Fergusson Corporation Income Statement for Year Ended December 31, 2017 Sales revenue .$ 180,000 Gain on sale of equipment 10.000 Cost of goods sold 1 17.000 Depreciation.................. 7.000 Other operating expenses 27,000 Assets $ 150.000 Fergusson Corporation Comparative Balance Sheet as at December 31, 2017 and 2016 Liabilities and 2017 2016 Shareholders' Equity *. $ 4,500 $ 2,600 Accounts payable 6,000 12.000 Accrued liabilities..... 15.000 14,000 Common shares 90.000 71.000 Retained eaming $ 124.500 $ 99.500 2017 11,000 5 3.000 30,000 75.500 2018 12,000 1,000 15.000 71.500 151,000 Plant and equipment net Net Income.. $ 124,000 3 8.500 Print Done Print Done All parts showing Clear All