I need help with the Statement of Cash Flows section. (pictured)

161,600 54,000 Statement of cash flows Operating activities Net income Depreciation expense Increase in accounts receivable Increase in inventory Increase in income tax payable Increase in accounts payable (20,000) (83,000) 10,900 32,000 Investing activities Payment for equipment 63,100 Financing activities Paid cash dividends Issued common stock for cash (105,000) 27,200 40,800 88,000 $ 536,600 $ Required Information [The following information applies to the questions displayed below.) Golden Corp.'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. (5) Other Expenses are all cash expenses, and (6) 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 180,000 107,000 625,000 912,000 378,100 (166,000) $1,124,100 $ 124,600 87,000 542,000 753,600 315,000 (112,000) $ 956,600 Assets Cash Accounts receivable Inventory Total current assets Equipment Accum. 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 $ $ 119,000 44,000 163,000 87,000 33,100 120,100 611,200 224,800 125,100 $1,124,100 584,000 184,000 68,500 $ 956,600 GOLDEN CORPORATION Income Statement For Current Year Ended December 31 Sales $1,872,000 Cost of goods sold 1,102,000 Gross profit 770,000 Operating expenses Depreciation expense $ 54,000 Other expenses 510,000 564,000 Income before taxes 206,000 Income taxes expense 44,400 Net income $ 161,600 Additional Information on Current Year Transactions a. Purchased equipment for $63,100 cash. b. Issued 13,600 shares of common stock for $5 cash per share. c. Declared and paid $105,000 in cash dividends