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[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,

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[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 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 Yeor Transactions a. Purchased equipment for \\( \\$ 42,700 \\mathrm{cash} \\), b. Issued 12,400 shares of common stock for \\( \\$ 5 \\) cash per share c. Declated and paid \\( \\$ 93,000 \\) in cash dividends Required: Prepare a complete statement of cash flows using the indirect method for the current year

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