Exercise 1-17 Partially correct answer. Your answer is partially correct. Try again. This information is for Paulo Company for the year ended December 31, 2017. Cash received from revenues from customers $ 551,500 Cash received for issuance of common stock 280,000 Cash paid for new equipment 122,000 Cash dividends paid 19,500 Cash paid for expenses 450,000 Cash balance 1/1/17 30,000 Prepare the 2017 statement of cash flows for Paulo Company. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)