Question 2. (25 pts) Use the comparative balance sheet and the additional information provided to prepare a cash flow statement for Yannik Inc for the year ended 12/31/2017. 2017 600,000 400,000 600,000 1,000,000 (300,000 2,300.000 Cash Accounts receivable (net) Inv 450,000 500,000 600,000 (250,000 1,700,000 Accumulated TOTAL ation Accounts payable Notes payable Common stock Retained earnin TOTAL 500,000 00,000 800,000 500,000 2,300,000 300,000 400,000 00,000 300,000 1,700,000 Notes 1. Net income was $300,000 2. Net income include a gain on sale of equipment equal to S20,000. The equipment had a book value of $80,000 at the time of sale 3. Depreciation for the year was $50,000 4. Dividends of 100,000 have been declared and paid. 5. Increases or decreases in Equipment, Common Stock or Notes Payable refers to relevan retirements purchases, issuances sales or