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Use the following information for the Problems below. $($Algo$)$

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Forten Company'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 Receivable reflect cash receipts from customers, $(3)$ all purchases of inventory are on credit, and $(4)$ all debits to Accounts Payable reflect cash payments for inventory.

$\backslash$table$[[\backslash$table$[[$FORTEN COMP$],[$Comparative Balan$],[$December $3]],$Sheets,Current Year,Prior Year$],[$Assets$],[$Cash$,,$$$67,900,,$$$85,500$