I need help please

Forten Company, a merchandiser, recently completed its calendar year 2015 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 and (5) Other Expenses are paid in advance and are initially debited to Prepaid Expenses. The company's income statement and balance sheets follow FORTEN COMPANY Comparative Balance Sheets December 31, 2015 and 2014 2015 2014 Assets Cash Accounts receivable Inventory Prepaid expenses $ 66,814 74.925 264,406 1,480 $ 69,000 58,125 236,800 1,950 Total current assets Equipment Accum depreciation Equipment 407,625 156,350 (47,500) 365,875 114,000 (54,000) $ 425,875 Total assets $ 516,475 Liabilities and Equity Accounts payable Short-term notes payable $ 58,675 8.800 $ 110,300 5,400 Total current liabilities Long-term notes payable 67 475 32.475 115,700 40,000 99,950 155,700 Total liabilities Equity Common stock, $5 par value Paid-in capital in excess of par common stock Retained earnings 163,000 43,500 210,025 148,500 121,675 0 Total liabilities and equity $ 516,475 $ 425,875 FORTEN COMPANY Income Statement For Year Ended December 31, 2015 Sales Cost of goods sold $ 620,000 300,000 320,000 Gross profit Operating expenses Depreciation expense Other expenses $ 19,400 127,800 147,200 Other gains (losses) Loss on sale of equipment (4,350) Income before taxes Income taxes expense 168,450 29,500 Net income $ 138,950 Additional Information on Year 2016 Transactions a. The loss on the cash sale of equipment was $4,350 (details in b. Sold equipment costing $45,050, with accumulated depreciation of $25,000 for $14,800 cash c. Purchased equipment costing $87.400 by paying $52,000 cash and signing a long-term note payable for the balance d. Borrowed $3,400 cash by signing a short-term note payable .. Paid $42,925 cash to reduce the long term notes payable 1. Issued 2.900 shares of common stock for $20 cash per share 9. Declared and paid cash dividends of $50.600 Additional Information on Year 2015 Transactions a. The loss on the cash sale of equipment was $4,350 (details in b). b. Sold equipment costing $45,050, with accumulated depreciation of $25,900, for $14,800 cash. c. Purchased equipment costing $87 400 by paying $52,000 cash and signing a long-term note payable for the balance. d. Borrowed $3,400 cash by signing a short-term note payable. e. Paid $42,925 cash to reduce the long-term notes payable. f. Issued 2,900 shares of common stock for $20 cash per share. 9. Declared and paid cash dividends of $50,600. Required: 1. Prepare a complete statement of cash flows report its operating activities using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) FOR TEN COMPANY Statement of Cash Flows For Year Ended December 31, 2015 Cash flows from operating activities Net Income Adjustments to reconcile net income to net cash provided by operations: Cash flows from investing activities Cash flows from financing activities Net increase (decrease) in cash Cash balance at beginning of year Cash balance at end of year