Exercise 17-7 Rojas Corporation's comparative balance sheets are presented below. ROJAS CORPORATION Comparative Balance Sheets December 31 2017 2016 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings $10,600 23,200 25,700 70,000 $14,500 21,500 20,200 70,000 (15,500) (10,500) Total $110,700 $119,000 Accounts payable Common stock Retained earnings $12,700 $27,600 72,700 18,700 $110,700 $%119,000 76,000 22,000 Total Additional information: 1. Net income was $23,000. Dividends declared and paid were $19,700. 2. No noncash investing and financing activities occurred during 2017 3. The land was sold for cash of $4,400. Prepare a statement of cash flows for 2017 using the indirect method. (Show amounts tha ROJAS CORPORATION Statement of Cash Flows For the Year Ended December 31, 2017 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities