Question: Use the following information for the Problems below. ( Static ) WHAT TO DO - prepare a complete statement of cash flows using the indirect

Use the following information for the Problems below. (Static) WHAT TO DO- prepare a complete statement of cash flows using the indirect method for the current year.
[The following information applies to the questions displayed below.]
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.
\table[[For Current Year Ended December 31],[Sales,,$582,500
 Use the following information for the Problems below. (Static) WHAT TO

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