Required information [The following information applles to the questions displayed below.] Golden Corporation's current year Income statement, comparatlve balance sheets, and additional Information follow. For the year, (1) all sales are credit sales, (2) all credits to Accounts Recelvable reflect cash recelpts from customers, (3) all purchases of Inventory are on credlt, (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. Additional Information on Current Year Transactions a. Purchased equipment for $61,400 cash. b. Issued 13,500 shares of common stock for $5 cash per share. c. Declared and pald $104,000 in cash dividends. Required: Prenare a comnlete ctatement of cach flows ucling the Indirect method for the current vear A Required: Prepare a complete statement of cash flows using a spreadsheet under the Indirect method