Problem $16-5$AB $($Algo$)$ Direct: Statement of cash flows LO P$5$ Required:

Prepare a complete statement of cash flows using the direct method. Note: Amounts to be deducted should be indicated with a minus sign.

$\backslash$table$[[$FORTEN COMPANY,,$],[$Sor Current Year Ended December $31,,],[$Cash flows from operating activities,,$],[,,],[,,],[,,$$$],[$Cash flows from investing activities,,$],[$Cash received from sale of equipment,,$],[$Cash paid for equipment,,$],[,,],[,,],[$Cash flows from financing activities,,$],[$Cash paid on long$-$term notes,,$],[$Cash received from issuing stock,,$],[$Cash paid for dividends,,$],[,,],[$Cash balance at December $31,$ prior year,,$],[$Cash balance at December $31,$ current year,,$]]$

Required: $$

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

Note: Amounts to be deducted should be indicated with a minus sign.