Forten Company's current year Income statement, comparative balance sheets, and additional Information follow. For the Additional Information on Current Year Transactions

a$.$ The loss on the cash sale of equipment was $$14,125($detalls in b$).$

b$.$ Sold equipment costing $$73,875,$ with accumulated depreciation of $$39,125,$ for $$20,625$ cash.

c$.$ Purchased equipment costing $$105,375$ by paying $$48,000$ cash and signing a long$-$term notes payable for the

balance.

d$.$ Pald $$49,725$ cash to reduce the long$-$term notes payable.

e$.$ Issued $3,400$ shares of common stock for $$20$ cash per share.

f$.$ Declared and paid cash dividends of $$51,900.$

Required:

Prepare a complete statement of cash flows using a spreadsheet using the indirect method.

Note: Enter all amounts as positive values.

year,

$(1)$ all sales are credit sales,

$(2)$ all credits to Accounts Recelvable reflect cash recelpts from customers,

$(3)$ all purchases of Inventory are on credit, and

$(4)$ all debits to Accounts Payable reflect cash payments for Inventory.