Accounting: I am close to completing this spreadsheet, but the program keeps telling me that "The Answer is Incomplete".

What am I missing?

! Required information [The following information applies to the questions displayed below.) Forten Company's current year income statement, comparative balance sheets, and additional information follow. For the year, (1) all sales are credit sales, (2) all credits to Accounts Receivable reflect cash receipts from customers, (3) all purchases of inventory are on credit, (4) all debits to Accounts Payable reflect cash payments for inventory, and (5) Other Expenses are paid in advance and are initially debited to Prepaid Expenses. FORTEN COMPANY Comparative Balance Sheets December 31 Current Year Prior Year $ 72,400 88,420 298,156 1,360 460,336 142,500 (44,125) $558,711 $ 88,500 65,625 266,800 2,195 423, 120 123,000 (53,500) $492,620 Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Equipment Accum. depreciation Equipment Total assets Liabilities and Equity Accounts payable Short-term notes payable Total current liabilities Long-term notes payable Total liabilities Equity Common stock, $5 par value Paid-in capital in excess of par, common stock Retained earnings Total liabilities and equity $ 68,141 14,500 82,641 57,500 140, 141 $137,175 9,000 146,175 63,750 209,925 185,250 60,000 173,320 $558,711 165,250 0 117,445 $492,620 $ 657,500 300,000 357,500 FORTEN COMPANY Income Statement For Current Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Depreciation expense $ 35,750 Other expenses 147,400 Other gains (losses) Loss on sale of equipment Income before taxes Income taxes expense Net income 183,150 (20,125) 154, 225 45,250 $ 108,975 Additional Information on Current Year Transactions a. The loss on the cash sale of equipment was $20,125 (details in b). b. Sold equipment costing $91,875, with accumulated depreciation of $45,125, for $26,625 cash. c. Purchased equipment costing $111,375 by paying $60,000 cash and signing a long-term note payable for the balance. d. Borrowed $5,500 cash by signing a short-term note payable. e. Paid $57,625 cash to reduce the long-term notes payable. f. Issued 4,000 shares of common stock for $20 cash per share. g. Declared and paid cash dividends of $53,100. Spreadsheet for Statement of Cash Flows For Current Year Ended December 31 Analysis of Changes December 31, Debit Credit Prior Year December 31, Current Year $ Balance sheet-debit Cash Accounts receivable Inventory Prepaid expenses Equipment 88,500 65,625 266,800 22,795 31,356 72,400 88,420 298,156 1,360 142,500 602.836 835 2,195 123,000 546,120 111,375 91,875 $ $ $ 35,750 53,500 137,175 9,000 45,125 69,034 Balance sheet-credit Accumulated depreciation-Equipment Accounts payable Short-term notes payable Long-term notes payable Common stock, $5 par value Paid-in capital in excess of par value, common stock Retained earnings 63,750 57,625 5,500 51,375 20,000 44,125 68,141 14,500 57,500 185,250 60,000 173,320 602,836 165,250 0 117,445 546,120 60,000 108,975 53,100 $ $ Statement of cash flows Operating activities Net income Increase in accounts receivable 108,975 22,795 31,356 835 Increase in inventory Decrease in prepaid expenses Decrease in accounts payable Depreciation expense Loss on sale of equipment 69,034 35,750 20,125 Investing activities Receipt from sale of equipment Payment to purchase equipment 26,625 60,000 5,500 Financing activities Borrowed on short-term note Payment on long-term note Issued common stock for cash Payment of cash dividends 57,625 80,000 53,100 Non cash investing and financing activities Purchase of equipment financed by long-term note payable 51,375 $ 719,595 668,220