use the direct method for both please

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 Recelvable reflect cash recelpts from customers, (3) all purchases of inventory are on credit, and (4) all debits to Accounts Payable reflect cash payments for inventory. Additionol Information on Current Year Transoctions a. The loss on the cash sale of equipment was $19,125 (detalls in b). b. Sold equipment costing $88,875, with accumulated depreciation of $44,125, for $25,625cash. c. Purchased equipment costing $110,375 by paying $58,000 cash and signing a long-term notes payable for the balance. d. Pald $51,725 cash to reduce the long-term notes payable. e. Issued 3,900 shares of common stock for $20 cash per share. f. Declared and paid cash dividends of \$52,900. Prepare a complete statement of cash flows using the direct method (Amounts to be deducted should be indicated with a minus sign.) 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 $56,300 cash. b. Issued 13,200 shares of common stock for $5 cash per share. c. Declared and paid $101,000 in cash dlvidends. Required: repare a complete statement of cash flows using the direct method for the current year. (Amounts to be deducted should be ndicated with o minus sign.)