i need help solving part B please!!

Exercise 5-17 (Part Level Submission) Flint Corporation's balance sheet at the end of 2016 included the following items. Current assets (Cash $82,000) $236,280 Current liabilities $151,280 Land 32,300 Bonds payable 101,280 Buildings 121,280 Common stock 82,300 Equipment 92,300 Retained earnings 46,300 $481,160 Accum. depr (31,280) Total -equipment (11,000) depr. Patents 41,280 Total $481,160 The following information is available for 2017. 1. Net income was $49,570. 2. Equipment (cost $21,280 and accumulated depreciation $9,280) was sold for $11,280. 3. Depreciation expense was $5,280 on the building and $10,280 on equipment. 4. Patent amortization was $2,500. 5. Current assets other than cash increased by $29,000. Current liabilities increased by $14,280. 6. An addition to the building was completed at a cost of $28,280. 7. A long-term investment (Equity) in stock was purchased for $16,000. 8. Bonds payable of $S2,300 were issued. 9. Cash dividends of $30,000 were declared and paid. 10. Treasury stock was purchased at a cost of $11,000. v (a) Your answer is correct