1. Depreciation expense was $17,500. 2. Dividends declared and paid were $20,000. 3. During the year equipment was sold for $8,500 cash. This equipment cost $18,000 originally and had accumulated depreciation of $9,500 at the time of sale. 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).)

the question is incomplete since the net income is missing, so I looked for a similar question and found the attached images.

Statement of Cash flows

For the Year ended December 31, 2017

Cash flow from operating activities

Net income                                                                $32,000

Adjustments to net income:

Cash flow from operating activities                         $38,500

Cash flow from investing activities

Sale of equipment                                                      $8,500

Cash flow from financing activities

Issuance of common stocks                                     $4,000

Dividends paid                                                       ($20,000)

Decrease in bonds payable                                   ($16,000)

Cash flow from financing activities                       ($32,000)

Net increase in cash position                                 $15,000

Beginning cash balance                                         $20,000

Ending cash balance                                              $35,000

the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported