Refer to the information reported about Golden Corporation in Problem 16-6A.

Required
Prepare a complete statement of cash flows using a spreadsheet as in Exhibit 16A.1; report operating activities under the indirect method. Identify the debits and credits in the Analysis of Changes columns with letters that correspond to the following list of transactions and events.
a. Net income was $136,000.
b. Accounts receivable increased.
c. Inventory increased.
d. Accounts payable increased.
e. Income taxes payable increased.
f. Depreciation expense was $54,000.
g. Purchased equipment for $36,000 cash.
h. Issued 12,000 shares at $5 cash per share.
i. Declared and paid $89,000 of cash dividends.

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GOLDEN CORPORATION Comparatlve Balance Sheets December 31, 2017 and 2016 Accounts receivable Accum. depreciation-Equipment $1.025,000 $899,000 Paid-in capital in excess of par value, common stock earnings Total liabilities and equity $1.025,000 $899,000 GOLDEN CORPORATION Income Statement For Year Ended December 31, 2017 less.._.--. Cost of goods sold $1,792,000 1,086,000 706,000 Operating expenses $ 54,000 494,000 548,000 158,000 22,000 136,000 Other expenses Net income