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.

Additional Information on Current Year Transactions

a$.$ Purchased equipment for $$58,000$ cash.

b$.$ Issued $13,300$ shares of common stock for $$5$ cash per share.

c$.$ Declared and paid $$102,000$ 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.