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Required Information [ The following informetion spplites to the questions alisplayed below. ] Golden Corporstion's current year income statement, comporotwe bslance sheets, and additional informstion

Required Information
[The following informetion spplites to the questions alisplayed below.]
Golden Corporstion's current year income statement, comporotwe bslance sheets, and additional informstion follow. For
the year, (1) all soles are credit soles; (2) sil cred ts to Accounts Recelvoble refiect cash rece'pts from customers, (3) sill
purchases of inventory ore on crecit, (4) sll debats to Accounts Poysble reflect cssh poyments for Inventory, and (5) any
change in Income Taxes Payoble reflects the sccrusl and cash poyment of toxes.
Required information
Note: Amounts to be deducted should be indicated with a minus sign.
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