Exercise 17-7 Rojas Corporation's comparative balance sheets are presented below. ROJAS CORPORATION Comparative Balance Sheets December 31 2016 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings Total $14,800 21,500 20,300 70,000 (14,600 ) $112,000 $10,300 23,500 26,400 70,000 (10,400) $119,800 Accounts payable Common stock Retained earnings Total $12,200 74,400 25,400 $112,000 $28,600 74,000 17,200 $119,800 Additional information: 1. Net income was $22,900. Dividends declared and paid were $14,700. 2. No noncash investing and financing activities occurred during 2017 3. The land was sold for cash of $4,500. Prepare a statement of cash nows for 2017 using the indirect method. (Show amounts that decrease cash flow with either a (15,000).) sign ... 15.000, or in parenthesis eg. ROJAS CORPORATION Statement of Cash Flows Adjustments to reconcile net income to Compute free cash Now (Enter negative amount using the negative in preceding the number 45 or parenthes (45) free cash now a