please use similar format. it helps my understanding and makes it less confusing

Required information The following information applies to the questions displayed below] Forten Company, a merchandiser, recently completed its calendar-year 2017 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 Conparative Balance Sheets December 31, 2817 and 2016 16 Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Equipment Accum. depreciation-Equipment Total assets Liabilities and Equity Accounts payable Short-tern notes payable Total current liabilities Long-term notes payable Total liabilities Equity Common stock, $5 par value Paid-in capital in excess of par, common stocik Retained earnings Total liabilities and equity s 79,900 93,5ee 78,625 271,880 2,295 433,220 128,000 46,625) (56,890) 573,811 $ 510,220 95,970 305,656 1,418 482,936438 38 137,508 73,141 144,675 19,000 80, 393120,8 89,141150160 55,008 16,800 34154,675 68,750 144,141 223.425 202,750170, 25e 57,580 169 420 116,545 $ 573,811 $518,220 FORTEN COMPANY Income Statement For Year Ended December 31, 2817 $ 682,508 305,000 377,500 Sales Cost of goods sold Gross profit Operating expenses Depreciation expense s 40,756e Other expenses Other gains (losses) 152,400 193,150 Loss on sale of equipment Incone before taxes Incone taxes expense Net income (25,125 159, 225 52,258 S 186,975 Additional Information on Year 2017 Transactions a. The loss on the cash sale of equipment was $25,125 (details in b) b. Sold equipment costing $106,875, with accumulated depreciation of $50125, for $31,625 cash. c. Purchased equipment costing $16,375 by paying $70,000 cash and signing a long-term note payable for the balance. d. Borrowed $6,000 cash by signing a short-term note payable e. Paid $60,125 cash to reduce the long-term notes payable. f. Issued 4,500 shares of common stock for $20 cash per share. g. Declared and paid cash dividends of $54,100 Required Prepare a complete statement of cash flows, reportits operating activities according to the direct method.(Amounts to be deducted should be indicated with a minus sign.) FORTEN COMPANY Statement of Cash Flows For Year Ended December 31, 2017 Cash flows from operating activities 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