Required information Use the following information for the Problems below. (Static) [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 rellect 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 Transoctions 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 cast dividends Problem 12.6A (Static) Indirect: Statement of cash flows LO P2, P3 Required: Preprere a complete starement of cakh flows using the indicect method fot the curtent year. (Amounts to bo deducted should be Indicated with o minus sign.) Required information GOLDEN CORPORATION Statement of Cash Flows For Current Year Ended December 31 Cash flows from operating activities Prev 1 or 1 Next Required information Required information Use the following information for the Problems below. (Static) [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 rellect 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 Transoctions 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 cast dividends Problem 12.6A (Static) Indirect: Statement of cash flows LO P2, P3 Required: Preprere a complete starement of cakh flows using the indicect method fot the curtent year. (Amounts to bo deducted should be Indicated with o minus sign.) Required information GOLDEN CORPORATION Statement of Cash Flows For Current Year Ended December 31 Cash flows from operating activities Prev 1 or 1 Next Required information