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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

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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 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. Assets Current Year Prior Year Cash Accounts receivable Inventory Total current assets Equipment Accumulated depreciation-Equipment Total assets \begin{tabular}{rr} $165,009 & $168,100 \\ 84,509 & 72,909 \\ 602,500 & 527,090 \\ \hline 852,600 & 707,100 \\ 337,600 & 300,009 \\ (158,500) & (104,500) \\ \hline$1,931,109 & $992,690 \\ \hline \end{tabular} 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. Total liabilities and equity $1,931,189$902,669 Additional Information on Current Year Transactions a. Purchased equipment for $37,600 cash. b. Issued 12,100 shares of common stock for $5 cash per share. c. Declared and paid $90.000 in cash dividends. equired: epare a complete statement of cash flows using the indirect method for the current year (Amounts to be deducted should be dicated with o minus sign.) sign.) Required information Prepare a complete statement of cash flows using a spreadsheet under the indirect method. (Enter all amounts as positive values.) Required information

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