Forten Corp.$\text{'}$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, $(4)$ all debits to Accounts Payable reflect cash payments for inventory and $(5)$ any change to Income

Taxes Payable reflects the accrual and cash payment of taxes.

REQUIREMENT:

Prepare a complete Statement of Cash Flows using the indirect method for the current year. Disclose any noncash investing

or financing activities in a note.