Planner Corporation's comparative balance sheets are presented below. 
Additional information:
1. Net income was $27,900. Dividends declared and paid were $22,500.
2. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation. The land was sold for $5,900.
Instruction
(a) Prepare a statement of cash flows for 2017 using the indirect method.
(b) Compute free cash flow.
Definitions:
State-dependent Learning
A phenomenon where information learned in a particular state of mind or physical condition is more easily recalled when in the same state.
Subpersonality
A subset of an individual's personality, characterized by a distinct set of behaviors or preferences, often context-dependent.
Subpersonality Integration
A therapeutic process aimed at harmonizing conflicting inner parts or aspects of an individual's personality.
Protectors
Individuals or entities that are responsible for guarding, defending, or preserving safety and well-being.
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