Other operating expenses (258,300 ) Net income $ 149,177 Other InformationPurchased land for $110,900.Purchased new equipment for $99,900.Sold old equipment that cost $133,850 with accumulated depreciation of $112,650 for $21,200 cash.Issued common stock for $55,000.**********Prepare the statement of cash flows for 2017 using the indirect method. (Amounts to be deducted and cash outflows should be indicated by a minus sign.)
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