Forten Company's currentyear income statement, comparative balance sheets, and additional information follow. For the year, $(1)$ all sales are credit sales, $(2)$ all credits to Accounts Recaivable 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:

$\backslash$table$[[\backslash$table$[[$Forren COMAPA$],[$Income statem$],[$For current Year Ended D$]],$nber $31,],[$Sales$,,$$$582,500$

REQUIREMENTS :

$1.$ Prepare a complete statement of cash flows using the direct method. Disclose any noncash investing and financing acticities in a note.