Required information [The following information applies to the questions displayed below.] 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 feceipts from customers, (3) al purchases of inventory are on credit. (4) all debits to Accounts Payable reflect cash payments for irventory, 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 $36,000 cash. b. Issued 12,000 shares of common stock for $5 cash per share. c. Declared and paid $89,000 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. Required information \begin{tabular}{|l|l|l|} \hline & & \\ \hline Cash flows from financing activities & & \\ \hline & & \\ \hline & & \\ \hline Net increase (decrease) in cash & & \\ \hline Cash balance at December 31 , prior year & & \\ \hline Cash balance at December 31 , current year & & \\ \hline \end{tabular} Required information