Golden Corp., a merchandiser, recently completed its 2013 operations. 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, (5) Other Expenses are all cash expenses, and (6) any change in Income Taxes Payable reflects the accrual and cash payment of taxes. The company's balance sheets and income statement follow GOLDEN CORPORATION Comparative Balance Sheets December 31, 2013 and 2012 2012 2013 164,000 $107,000 Cash 83,000 7 ,000 Accounts receivable GOLDEN CORPORATION 601,000 526,000 Merchandise inventory Income Statement 335,000 299,000 Equipment For Year Ended December 3 2013 (158,000) (104,000) Accum, depreciation--Equipment $1,792,000 $1,025,000 $899,000 Sales Total assets 086,000 Cost of goods sold Liabilities and Equity 706,000 Gross profit 87,000 71,000 Accounts payable Operating expenses 25,000 28,000 Income taxes payable 54,000 Depreciation expense Common stock, $2 par value 592,000 568,000 494,000 Other expenses 548,000 Paid in capital in excess Income before taxes 58,000 96,000 000 of par value, common stock 22,000 22,000 75,000 Income taxes expense Retained earnings ,025,000 $899,000 136,000 Net income Total liabilities and equity Additional Information on Year 2013 Transactions a. Purchased equipment for $36,000 cash b. Issued 12,000 shares of common stock for $5 cash per share c. Declared and paid $89,000 in cash dividends Required Prepare a complete statement of cash flows, report its cash inflows and cash outflows from operating ac Check Cash from operating tivities according to the indirect method activities, $122,000