Statement of Cash Flows For Current Year Ended December 31 FORTEN COMPANY Statement of Cash Flows For Current Year Ended December 31 Forten Company'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; and (4) all debits to Accounts Payable reflect cash payments for inventory