Richards Inc. presented its comparative financial data and other data as follows:$$ Dec. $31,2017$ Dec. $31,2016$ Cash $$$$16,000$$$9,000$ Accounts receivable$22,00016,000$ Prepaid expenses$3,8003,000$ Land $8,00021,000$ Building and equipment$103,20080,000$ Accumulated depreciation$(60,000)(51,000)$$ $93,000$$ $78,000$ Accounts payable $$$$9,000$$$6,000$ Taxes Payable$6,0008,000$ Accrued expenses $13,0007,000$ Mortgage payable$25,00031,000$ Common stock$9,0005,000$ Additional paid$-$in capital $21,00016,000$ Retained earnings $10,0005,000$ $ $93,000$ $$78,000$Additional information: $1.$ Net income for $2017$ was $$49,000$; Depreciation Expense for $2017$ was $$19,000.2.$ Equipment was purchased for $$43,200$ and was paid for in cash. Other equipment with an original cost of $$20,000$ was sold at a $$3,000$ gain and was $50\%$ depreciated at the time of sale. $3.$ During $2017,$ Richards Inc. declared and paid cash dividends. $4.$ Land was sold for a price equal to its historical cost. $5.$ Common Stock was issued in $2017.$ Required: Prepare a statement of cash flows $($indirect method$)$ for $2017.$ Richards Inc. presented its comparative financial data and other data as follows:

Additional information:

$1.$ Net income for $2017$ was $\backslash (\backslash$$ $49,000\backslash )$; Depreciation Expense for $2017$ was $\backslash (\backslash$$ $19,000\backslash ).$

$2.$ Equipment was purchased for $\backslash (\backslash$$ $43,200\backslash )$ and was paid for in cash. Other equipment with an original cost of $\backslash (\backslash$$ $20,000\backslash )$ was sold at a $\backslash (\backslash$$ $3,000\backslash )$ gain and was $\backslash (50\backslash \%\backslash )$ depreciated at the time of sale.

$3.$ During $2017,$ Richards Inc. declared and paid cash dividends.

$4.$ Land was sold for a price equal to its historical cost.

$5.$ Common Stock was issued in $2017.$

Required: Prepare a statement of cash flows $($indirect method$)$ for $2017.$