Your answer is partially correct. Try again. Condensed financial data of Whispering Company for 2017 and 2016 are presented below WHISPERING COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2017 AND 2016 Cash Receivables Inventory Plant assets Accumulated depreciation Long-term investments (held-to-maturity) 2017 $1,810 1,790 1,570 1,870 2016 $1,120 1,330 1,940 1,740 (1,230) (1,150) 1,300 1,440 $7,110 $6,420 Accounts payable Accrued liabilities Bonds payable Common stock Retained earnings $1,220 200 1,370 1,860 2,460 $7,110 $910 260 1,550 1,740 1,960 $6,420 WHISPERING COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2017 Sales revenue Cost of goods sold Gross margin Selling and administrative expenses Income from operations Other revenues and gains $6,810 4,680 2,130 920 1,210 Gain on sale of investments Income before tax Income tax expense Net income Cash dividends Income retained in business 80 1,290 530 760 260 $500 Additional information: During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold in 2017, Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)