Forten Company, a merchandiser, recently completed its calendar-year 2013 operations. 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. The companys balance sheets and income statement follow.

FORTEN COMPANY Comparative Balance Sheets December 31, 2013 and 2012
	2013			2012
Assets
Cash	$	49,600		$	73,000
Accounts receivable		65,840			52,000
Merchandise inventory		275,500			251,500
Prepaid expenses		1,250			1,600
Equipment		158,000			106,500
Accum. depreciationEquipment		(41,750)			(52,000)
Total assets	$	508,440		$	432,600
Liabilities and Equity
Accounts payable	$	63,790		$	111,000
Short-term notes payable		10,000			7,000
Long-term notes payable		65,000			48,000
Common stock, $5 par value		162,250			150,250
Paid-in capital in excess of par, common stock		36,000			0
Retained earnings		171,400			116,350
Total liabilities and equity	$	508,440		$	432,600

FORTEN COMPANY Income Statement For Year Ended December 31, 2013
Sales				$	585,000
Cost of goods sold					290,000
Gross profit					295,000
Operating expenses
Depreciation expense	$	20,000
Other expenses		133,200			153,200
Other gains (losses)
Loss on sale of equipment					(5,500)
Income before taxes					136,300
Income taxes expense					24,250
Net income				$	112,050

Additional Information on Year 2013 Transactions

a.	Net income was $112,050.
b.	Accounts receivable increased.
c.	Merchandise inventory increased.
d.	Prepaid expenses decreased.
e.	Accounts payable decreased.
f.	Depreciation expense was $20,000.
g.	Sold equipment costing $47,250, with accumulated depreciation of $30,250, for $11,500 cash. This yielded a loss of $5,500.
h.	Purchased equipment costing $98,750 by paying $35,000 cash and (i.) by signing a long-term note payable for the balance.
j.	Borrowed $3,000 cash by signing a short-term note payable.
k.	Paid $46,750 cash to reduce the long-term notes payable.
l.	Issued 2,400 shares of common stock for $20 cash per share.
m.	Declared and paid cash dividends of $57,000.

Required:

Prepare a complete statement of cash flows using a spreadsheet; report its operating activities using the indirect method. (Enter all amounts as positive values.)

I have my chart set up with the following but it is teling me that most of the values are wrong. Please help!

FORTEN COMPANY
Spreadsheet for Statement of Cash Flows
For Year Ended December 31, 2013
		Analysis of Changes
	December 31, 2012	Debit	Credit	December 31, 2013
Balance sheetdebit balance accounts
Cash	$73,000		$23,400	$49,600
Accounts receivable	52,000	13,840		65,840
Merchandise inventory	251,500	24,000		275,500
Prepaid expenses	1,600		350	1,250
Equipment	106,500	51,500		158,000
	$484,600			$550,190
Balance sheetcredit balance accounts
Accumulated depreciationEquipment	$52,000	$10,250		$41,750
Accounts payable	111,000	47,210		63,790
Short-term notes payable	7,000		3,000	10,000
Long-term notes payable	48,000		17,000	65,000
Common stock, $5 par value	150,250		12,000	162,250
Paid-in capital in excess of par value, common stock	0		36,000	36,000
Retained earnings	116,350		55,050	171,400
	$484,600			$550,190
Statement of cash flows
Operating activities
Net income			112,050
Increase in accounts receivable		13,840
Increase in merchandise inventory		24,000
Decrease in prepaid expenses		350
Decrease in accounts payable			47,210
Depreciation expense			50,250
Loss on sale of equipment		5,500
Investing activities
Receipt from sale of equipment			47,250
Payment to purchase equipment			35,000
Financing activities
Borrowed on short-term note		3,000
Payment on long-term note			46,750
Issued common stock for cash		48,000
Payments of cash dividends			57,000
Non cash investing and financing activities
Purchase of equipment financed by long-term note payable			63,750
		$241,490	$606,060