Refer to the information reported about Satu Company in Problem.
In problem

Additional Information on Year 2015 Transactions
a. Purchased equipment for $30,250 cash.
b. Issued 3,000 shares of common stock for $21 cash per share.
c. Declared and paid $60,000 of cash dividends.
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 $202,767.
b. Accounts receivable decreased.
c. Inventory increased.
d. Accounts payable decreased.
e. Income taxes payable decreased.
f. Depreciation expense was $15,700.
g. Purchased equipment for $30,250 cash.
h. Issued 3,000 shares at $21 cash per share.
i. Declared and paid $60,000 of cash dividends.

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SATU COMPANY Comparatlve Balance Sheets December 31,2015 and 2014 2015 2014 Assets Cash Accounts receivable. Total current assets Inventory Equipment Accum. depreciation -Equipment(46,70031,000) $ 58,750 28,400 20,22225,860 54,260 65,667 40,320 77,500 78,972 107.750 SATU COMPANY Income Statement For Year Ended December 31,2015 $305,689 $241,080 Total assets Liabilities and Equity Accounts payable Income taxes payable Total current liabilities. Equity Common stock, $5 par value Paid-in capital in excess $750,800 269,200 481,600 20,372 $157,530 Sales... · 2,100 6,100 22,472 63,630 Gross proft Operating expenses Depreciation expense$ 15,700 40,000 189,633 291,967 89,200 $202,767 Other expenses Income before taxes . of par, common stock 68,000 20,000 32,450 Income taxe s expense Total liabilities and equity $305,689 $241,080 Net income .