Prepare a complete statement of cash flows using the direct method for the current year.

Please use the template below. The highlighted sections are answer slots.

Required Information [The following informotion opplies to the questions disployed below.] Golden Corporation's current year income statement, comporative bolance sheets, and additionsl information follow. For the year, (1) oll soles are credit sales, (2) all credits to Accounts Receivable reflect cosh receipts from customers, (3) all purchoses of inventory are on credit, (4) all debits to Accounts Poyoble reflect cosh poyments for inventory, and (5) any change in Income Toxes Poysble reflects the occrusl and cosh poyment of toxes. Additional Information on Current Year Transactions a. Purchssed equipment for $63,100cosh. b. Issued 13,600 shares of common stock for $5 cash per share. c. Declared and paid $105,000 in cosh dividends. \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ GOLDEN CORPORATION } \\ \hline \multicolumn{1}{|c|}{ For Current Year Ended December 31 } & \\ \hline Cash flows from operating activities & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Cash flows from investing activities & & \\ \hline & & \\ \hline & & \\ \hline Cash flows from financing activities & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Cash balance at December 31, prior year & & \\ \hline \end{tabular}