Question: Please help ASAP! Golden Corporation's current year income statement, comparative balance sheets, and additional information follow. For the year, (1) all sales are credit sales,

Please help ASAP!
Please help ASAP! 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 purchases of inventory are on credit, (4) all debits to

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 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 Year Transactions a. Purchased equipment for $39,300 cash. b. Issued 12,200 shares of common stock for $5 cash per share. c. Declared and paid $91,000 in cash dividends. GOLDEN CORPORATION Spreadsheet for Statemont of Cash Flows For Current Year Ended December 31

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