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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

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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 Recelvable reflect cash receipts from customers, (3) all purehases of inventoly 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 Year Transections 0. Purchased equipment for $69 , 900 cash. b. Issued 14,000 shares of common stock for $5 cash per shate c. Declared and paid $109 , 000 in cash dividends Required: Prepare a complete statement of cash flows using the indirect method for the current year. (Amounts to be de indientad anieh o minua eirn 1

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