Strong Corporation's comparative balance sheets are presented below. ginning Additional information: 1. Dividends declared and paid were $26,400. 2. Equipment, which cost $10,000 originally and had accumulated depreciation of $1,200, was sold for $4,300 (the proceeds). INSTRUCTIONS: Prepare a statement of cash flows for 2017 using the indirect method and the template on the next page. Strong Corporation Statement of Cash Flows For the Period Ended December 31st 2 Cash flows from operating activities: Net income S Adjustments to reconcile net income: \begin{tabular}{|l|l|l|} \hline Depreciation expense & $ & \\ \hline Loss on sale of equipment & $ & \\ \hline Increase in accounts payable & $ & \\ \hline Increase in accounts receivable & $ & $ \\ \hline Net cash provided (used) by operating activities & $ \\ \hline \end{tabular} Cash flows from investing activities: Proceeds from sale of equipment \$ Purchase of investments Net cash provided (used) by investing activities $ Cash flows from financing activities: \begin{tabular}{|l|l|} \hline Issuance of common stock & $ \\ \hline Retirement of bonds & $ \\ \hline Payment of dividends & $ \\ \hline \end{tabular} Net cash provided (used) by financing activities Net increase in cash $$ Cash, beginning Cash, ending $$