Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below] 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 Recelvable 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. Additional Information on Current Year Transections s. The loss on the cash 5 ale of equipment wos $25.125 (details in b) b. Sold equipment costing $106,875, with occumulated depreciation of $50,125, for $31,625cosh. c. Purchased equipment costing $116,375 by paying $70,000 cash ond signing o long-term notes poyable for the balance. d. Paid $54,125 cash to reduce the long-term notes payoble. e. Issued 4,500 shares of common stock for $20 cash per share f. Declared and paid cash dividends of $54,100 Problem 12-3A (Algo) Indirect: Statement of cash flows LO A1, P2, P3 1. Prepare a complete statement of cash flows using the indirect method for the current year. (Amounts to be deducted should be Required: indicated with a minus sign.)