He consumer price index (cpi) is a measure of the change in the cost of goods over time. if 1982 is used as the base year of comparison in some country (cpiequals100 in 1982), then the cpi of 208 in 2006 would indicate that an item that cost $ 1.00 in 1982 would cost $ 2.08 in 2006 in this country. it is known that the cpi in this country has been increasing at an approximately linear rate for the past 30 years. a. use this information to determine a linear function for this data, letting x be the years since 1982. b. based on your function, what was the cpi in 2000? compare this estimate to the actual cpi of 184.6 for this country. c. how is the annual cpi changing?

Exercise 12-7 shown below are comparative balance sheets for flint corporation. flint corporation comparative balance sheets december 31 assets 2017 2016 cash $ 201,348 $ 65,142 accounts receivable 260,568 225,036 inventory 494,487 559,629 land 236,880 296,100 equipment 769,860 592,200 accumulated depreciation—equipment (195,426 ) (94,752 ) total $1,767,717 $1,643,355 liabilities and stockholders’ equity accounts payable $ 115,479 $ 127,323 bonds payable 444,150 592,200 common stock ($1 par) 639,576 515,214 retained earnings 568,512 408,618 total $1,767,717 $1,643,355 additional information: 1. net income for 2017 was $275,373. 2. depreciation expense was $100,674. 3. cash dividends of $115,479 were declared and paid. 4. bonds payable amounting to $148,050 were redeemed for cash $148,050. 5. common stock was issued for $124,362 cash. 6. no equipment was sold during 2017. 7. land was sold for its book value. prepare a statement of cash flows for 2017 using the indirect method.