Required informetion [The following information applies to the questions displayed bolow] Golden Corpotation's current year income statement, comparative balance sheets, and additional information foliow 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 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. Additionel Informetion on Current Year Transections a. Purchased equipment for $59,700cash. b. Issued 13,400 shares of common stock for $5 cash per share c. Declared and paid $103,000 in cash dividends