Golden Corporation'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 in Income Taxes Payable reflects the accrual and cash payment of taxes. GOLDEN CORPORATION Comparative Balance Sheets December 31 Current Year Prior Year Assets Cash $ 168,000 $ 111,400 Accounts receivable 89,000 75,000 Inventory 607,000 530,000 Total current assets 864,000 716,400 Equipment 345,700 303,000 Accumulated depreciationEquipment (160,000) (106,000) Total assets $ 1,049,700 $ 913,400 Liabilities and Equity Accounts payable $ 95,000 $ 75,000 Income taxes payable 32,000 27,100 Total current liabilities 127,000 102,100 Equity Common stock, $2 par value 596,800 572,000 Paid-in capital in excess of par value, common stock 203,200 166,000 Retained earnings 122,700 73,300 Total liabilities and equity $ 1,049,700 $ 913,400 GOLDEN CORPORATION Income Statement For Current Year Ended December 31 Sales $ 1,812,000 Cost of goods sold 1,090,000 Gross profit 722,000 Operating expenses (excluding depreciation) 498,000 Depreciation expense 54,000 Income before taxes 170,000 Income taxes expense 27,600 Net income $ 142,400 Additional Information on Current Year Transactions Purchased equipment for $42,700 cash. Issued 12,400 shares of common stock for $5 cash per share. Declared and paid $93,000 in cash dividends. Required: Prepare a complete statement of cash flows using the indirect method for the current year. Note: Amounts to be deducted should be indicated with a minus sign.