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Golden Corporabion's current year income statement, comparative balance sheets, and additional information foliow. For the year, (1) all sales are credit sales, (2) all credits

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Golden Corporabion's current year income statement, comparative balance sheets, and additional information foliow. For the year, (1) all sales are credit sales, (2) all credits to Accounts Receivable reflect cash receipts from customers, (3) all purchases of imventory are on credit, (4) all debits to Accounts Payable reflect cash payments for inventory, and (5) any change in Income Taxes Payable reflects the accrual and cash payment of taxes. Additional Information on Current Year Transactions a. Purchased equiptent for $56 aco cash b. Issund 13.200 shares of cofrmin stack ifr ts sast pet sthare. c. Deciared and paid stomoom in cash ducicends. Required: Nore: Amounts to be deducted shoudd be nelicated with a mlnus sign

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