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 Recelvable 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.

FORTEN COMPANY

Income statement

For Current Year Ended December $31$

Sales

Cost of goods sold

Gross profit

Depreciation expense

other gains $($losses$)$

Loss on sale of equipment

Income before taxes

Income taxes expense

Net income

$\backslash$table$[[(10,125)$

It gets cut off on the oicture but it also has a scetion for "Cash flows from financing activities"

And a section at the bottom asking to fill out "Net increase $($decrease$)$ in cash"

"Cash balance at December $31,$ prior year"

"Cash balance at December $31,$ current year"