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 Receivable reflect cash receipts 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. GOLDEN CORPORATION Comparative Balance Sheets December 31 Current Year Prior Year Assets Cash $ 174,000 $ 118,000 Accounts receivable 98,000 81,000 Inventory 616,000 536,000 Total current assets 888,000 735,000 Equipment 361,900 309,000 Accumulated depreciationEquipment (163,000) (109,000) Total assets $ 1,086,900 $ 935,000 Liabilities and Equity Accounts payable $ 107,000 $ 81,000 Income taxes payable 38,000 30,100 Total current liabilities 145,000 111,100 Equity Common stock, $2 par value 604,000 578,000 Paid-in capital in excess of par value, common stock 214,000 175,000 Retained earnings 123,900 70,900 Total liabilities and equity $ 1,086,900 $ 935,000 GOLDEN CORPORATION Income Statement For Current Year Ended December 31 Sales $ 1,842,000 Cost of goods sold 1,096,000 Gross profit 746,000 Operating expenses (excluding depreciation) 504,000 Depreciation expense 54,000 Income before taxes 188,000 Income taxes expense 36,000 Net income $ 152,000 Additional Information on Current Year Transactions Purchased equipment for $52,900 cash. Issued 13,000 shares of common stock for $5 cash per share. Declared and paid $99,000 in cash dividends. Required: Prepare a complete statement of cash flows using the indirect method for the current year