Condensed financial data of Blue Company for 2017 and 2016 are presented below. BLUE COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2017 AND 2016 2017 2016 Cash $1,780 $1,170 Receivables 1,760 1,280 Inventory 1,620 1,880 Plant assets 1,910 1,670 Accumulated depreciation (1,210 ) (1,160 ) Long-term investments (held-to-maturity) 1,330 1,440 $7,190 $6,280 Accounts payable $1,230 $920 Accrued liabilities 210 250 Bonds payable 1,370 1,560 Common stock 1,920 1,680 Retained earnings 2,460 1,870 $7,190 $6,280 BLUE COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2017 Sales revenue $6,820 Cost of goods sold 4,600 Gross margin 2,220 Selling and administrative expenses 910 Income from operations 1,310 Other revenues and gains Gain on sale of investments 80 Income before tax 1,390 Income tax expense 540 Net income 850 Cash dividends 260 Income retained in business $590 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).) BLUE COMPANY Statement of Cash Flows (Indirect Method) $ Adjustments to reconcile net income to $ $