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 Assets Cash Accounts receivable Inventory Total current assets Equipment Accumulated depreciation-Equipment Total assets Liabilities and Equity Accounts payable Income taxes payable Total current liabilities Equity Common stock, $2 par value Paid-in capital in excess of par value, common stock Retained earnings Total liabilities and equity GOLDEN CORPORATION Income Statement For Current Year Ended December 31 Sales Cost of goods sold $ 1,847,000 1,097,000 750,000 505,000 54,000 191,000 37,400 $ 153,600 Gross profit Operating expenses (excluding depreciation) Depreciation expense Income before taxes. Income taxes expense Net income Additional Information on Current Year Transactions a. Purchased equipment for $54,600 cash. b. Issued 13,100 shares of common stock for $5 cash per share. c. Declared and paid $100,000 in cash dividends. Current Year Prior Year $ 1,093,100 $ 109,000 39,000 $ 175,000 99,500 617,500 892,000 364,600 (163,500) $ 119,100 82,000 537,000 738,100 310,000 (109,500) $ 938,600 $ 82,000 148,000 30,600 112,600 605,200 579,000 215,800 176,500 124,100 $ 1,093,100 70,500 $ 938,600 Required: Prepare a complete statement of cash flows using a spreadsheet under the indirect method. (Enter all amounts as positive values.)