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, and $(4)$ all debits $to$ accounts payable reflect cash payments for inventory. Income statement for current year ended December $31$: Sales $$1842000.$ Cost $of$ goods sold $$1096000.$ Gross Profit $$746,000.$ Operating expenses $(excluding$ depreciation$)$ $$504,000.$ Depreciation expense $$54,000.$ Income before taxes $$188,000.$ Income taxes expense $$36,000.$ Net income $$152,000.$

Comparative balance sheets December $31$: Assets: Cash Accounts receivable. Inventory. Prepaid expenses. Total current assets. Equipment. Accumulated depreciation$-$ Equipment. Total assets. Liabilities and Equity: Accounts payable. Long$-$term notes payable. Total liabilities. Equity: Common stock, $$5$ par value. Paid$-in$ capital $in$ excess $of$ par, common stock. Retained earnings. Total liabilities and equity. Current year: $$174,000.98,000.616,000.888,000.361,900.(163,000).$ $$1,086,900.$ $$107,000.38,000.145,000.604,000.214,000.123,900.1,086,900.$ Prior year: $$118,000.81,000.536,000.735,000.309,000.(109,000).935,000.81,000.30,100.111,100.578,000.175,000.70,900.935,000.$

$a.$ Purchased equipment for $$52,900$ cash.

$b.$ issued $13,000$ shares common stock for $$5$ cash per share.

$c.$ Declared and paid $$99,000in$ cash dividends.

$1.$Prepare a complete statement $of$ cash flows using the indirect method.

$2.$ Prepare a complete statement $of$ cash flows using a spreadsheet under the indirect method.