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 recelpts from customers, (3) all purchases of Inventory are on credit, and (4) all deblts to Accounts Payable reflect cash payments for Inventory. Additional Information on Current Year Transactions a. The loss on the cash sale of equipment was $22,125 (detalls in b ). b. Sold equipment costing $97,875, with accumulated depreclation of $47,125, for $28,625 cash. c. Purchased equipment costing $113,375 by paying $64,000 cash and signing a long-term notes payable for the balance. d. Pald $52,925 cash to reduce the long-term notes payable. e. Issued 4,200 shares of common stock for $20 cash per share. f. Declared and pald cash dividends of $53,500. Required: Prepare a complete statement of cash flows using the direct method. (Amounts to be deducted should be Indlcated with a minus sign.)