Prepare a complete statement of cash flows using a spreadsheet under the indirect method. Please use template below. Highlighted sections are answer slots.

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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 recelpts 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 $63,100cash. b. Issued 13,600 shares of common stock for $5 cash per share. c. Declared and pald $105,000 in cash dividends. \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ GOLDEN CORPORATION } \\ \hline \multicolumn{5}{|c|}{ Spreadsheet for statement of Cash Flows } \\ \hline \multicolumn{5}{|c|}{ For Current Year Ended December 31} \\ \hline & \multirow{2}{*}{YearDecember31,Prior} & \multicolumn{2}{|c|}{ Analyale of Changes } & \multirow{2}{*}{\begin{tabular}{l} December 31 , \\ Current Year \end{tabular}} \\ \hline & & Deblt & Credit & \\ \hline \multicolumn{5}{|l|}{ Balance sheet-debil balance accounts } \\ \hline Cash & 124,600 & & & 180,00 \\ \hline Acoourits receivable & 87,000 & & & \\ \hline Irventory & 542,000 & & & \\ \hline \multirow[t]{2}{*}{ Equipment } & 315,000 & & & \\ \hline & 1,068,600 & & & \\ \hline \multicolumn{5}{|l|}{ Balance sheet-credit balance accounts } \\ \hline Acoumulated depreciation-Equipment & 112,000 & & & \\ \hline Accourts payable & 87,000 & & & \\ \hline Income taxes payable & 33,100 & & & \\ \hline Common stock, $2 par value & 584,000 & & - & \\ \hline Paid-in capital in excess of par value, comman stock & 184,000 & & & \\ \hline \multirow[t]{2}{*}{ Retained earnings } & 68,500 & & & \\ \hline & 1,068,600 & & & \\ \hline \multicolumn{5}{|l|}{ Staternent of cash flaws } \\ \hline \multicolumn{5}{|l|}{ Operating activities } \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{} \\ \hline & & & & \\ \hline \\ \hline & & & & \\ \hline \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Investing activities } \\ \hline & & & & \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Firaancing activities } \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline \end{tabular}