Forten Company's current year Income statement, comparative balance sheets, and additional Information follow. For the yoos (o al sales are credt sales, (2) all credits to Accounts Receivable reflect cash receipts from customers, Bat purchases of inventory are on credit all debits to Accounts Payable reflect cash payments for inventory and Other Expenses are paid in advance and are Initially debited to Prepeld expenses. 5 COCANY CATALY Maneet De 31 cuentes Prior He receivable 349,00 85,010 25.656 sed expenses $ 73,500 50.625 251, Ws 3 100,00 146.000 $43 97,516 357.500 26.620 5513,0 About LLLLL and Equity pes Thermal Sotel CE Llities notes payable 5314,615 10.00 JU 6.tel 120,675 . 169,425 Itt Cock, 35 162 15020 EGGE 105,000 SIN 120.5 %. FORAN THE TOE ED 1302.50 . Det of pompen Du 320,00 132,400 ES 3.2 He 114,916 Additional intornsation on Current Year Transactions a. The lots on the cash sale of equipment was $5125 Ideal t. Solamenticosting $45.675. with acute chaptediation is to each Rauch sed equipment conting $96.27 by ng 120.000 cash ang sing to you for the balance. di Barwed $4.000 oth bygning short term mat payabia e. Pald 0.125 cost to terminates powable ise 2.500 the most for cash c. Decistos and can helgen af atau Purchased equipment costing 98,315 by payag d. Borrowed $4.000 cash by signing a short-term note payable. Pold $50,125 cash to reduce the long term notes payable. tissued 2,500 shares of common stock for $20 cash per share. 9. Declared and pold cash dividends of $50,100. Required: Prepare a complete statement of cash flows using the direct method (Amounts to be ded sign.) FORTEN COMPANY Station of Cea Fow For Current Year Ended December 31 Cash flows from operating activities Cash flows from svesting advies Cash flows from financing activities Nel core is Catalance at Decor prior year Cash balance at December 5