Question: Presented below is a condensed version of the comparative balance sheets for Sweet Corporation for the last two years at December 31. 2017 2016 Cash



Presented below is a condensed version of the comparative balance sheets for Sweet Corporation for the last two years at December 31. 2017 2016 Cash Accounts receivable Investments Equipment Accumulated Depreciation-Equipment Current liabilities Common stock Retained earnings $ 362,850 $159,900 369,000 106,600 610,900 379,250 151,700 492,000 (217,300) (182,450) 274,700 328,000 629,350 309,550 328,000 362,850 Additional information: Investments were sold at a loss of $20,500; no equipment was sold; cash dividends paid were $61,500; and net income was $328,000 Prepare a statement of cash flows for 2017 for Sweet Corporation. (Show amounts that decrease cash flow with either a - sign e.g. -15 e.g. (15,000).) SWEET CORPORATION Statement of Cash Flows For the Year Ended December 31, 2017 Cash Flows from Operating Activities Net Income 328,000 Adjustments to reconcile net income to
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