Forten Company's current year income statement, comparative bolance sheets, and additional information follow. For the year, (1) ali sales are credit sales, (2) all credits to Accounts Receivable refiect cash receipts from customers, (3) all purchases of inventory are on credit, and (4) all debits to Accounts Payable reflect cash payments for inventory. Additional Information on Current Year Transactions Additional information on Current Year Transactions a. The loss on the cash sale of equipment was $14,125 (detalis 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. Paid $49,725 cash to reduce the long-term notes payable. e. Issued 3,400 shares of common stock for $20 cash per share. 1. Declared and paid cash dividends of $51,900. Required: Prepare a complete statement of cash flows using the indirect method for the current year. (Amounts to be deducted should be idicated with a minus sign.) 2 Problems (i Served Help Required information