Required information

$[$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.

Additional Information on Current Year Transactions

a$.$ The loss on the cash sale of equipment was $$19,125($details in $b).$

b$.$ Sold equipment costing $$88,875,$ with accumulated depreciation of $$44,125,$ for $$25,625$ cash

c$.$ Purchased equipment costing $$110,375$ by paying $$58,000$ cash and signing a long$-$term notes payable for the balance.

d$.$ Paid $$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.$

Required:

Prepare a complete statement of cash flows using a spreadsheet using the indirect method

Note: Enter all amounts as positive values.

$\backslash$table$[[$FORTEN COMPANY$],[$Spreadsheet for Statement of Cash Flows$],[$For Current Year Ended December $31],[,\backslash$table$[[$December $31,$ Prior$],[$Year$]],$Analysis of Changes,$\backslash$table$[[$December $31,],[$Current Year$]]],[,$Debit,Credit$],[$Balance sheet$-$debit$],[$Cash$,87,500,,,70,900],[$Accounts receivable,$64,625,22,285,,86,910],[$Inventory$,265,800,30,856,,296,656],[$Prepaid expenses,$2,175,,825,1,350],[$Equipment$,122,000,110,375,88,875,143,500],[542,100,,,599,316],[$Balance sheet$-$credit$],[$Accumulated depreciation$-$Equipment,$53,000,44,125,34,750,43,625],[$Accounts payable,$135,675,68,534,,67,141],[$Long$-$term notes payable,$71,550,51,725,52,375,72,200],[$Common stock, $$5$ par value,$164,250,,19,500,183,750],[$Paid$-$in capital in excess of par value, common stock,$0,,58,500,58,500],[$Retained earnings,$117,625,52,900,109,375,174,100],[542,100,,,599,316],[$Statement of cash flows$],[$Operating activities$],[$Net income,,$109,375,,],[$Loss on sale of equipment,,$19,125,,],[$Increase in accounts receivable,,,$22,285,],[$Increase in inventory,,,$30,856,],[$Decrease in prepaid expenses,,$825,,],[$Decrease in accounts payable,,,$68,534,],[$Depreciation expense,,$34,750,,],[,,,,],[$Investing activities$],[$Payment to purchase equipment,,,$58,000,],[$Receipt from sale of equipment,,$25,625,,],[$Financing activities$],[$Payment on long$-$term notes,,,$51,725,],[$Issued common stock for cash,,$78,000,,],[$Payment of cash dividends,,,$52,900,],[,,,,],[$Non cash investing and financing activities$],[$Purchase of equipment financed by long$-$term notes payable,,$52,375,,],[,700,875,648,500,]]$