\table[[\table[[GOLDEN CORPORATION]]],[Statement of Cash Flows],[For Current Year Ended December 31],[Cash flows from operating activities],[Cash received...

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Accounting

\table[[\table[[GOLDEN CORPORATION]]],[Statement of Cash Flows],[For Current Year Ended December 31],[Cash flows from operating activities],[Cash received from customers],[Cash paid for inventory],[Cash paid for other expenses],[Cash paid for income taxes],[,,],[,$,0],[Cash flows from investing activities],[Cash paid for equipment],[Cash received from sale of equipment],[,,0],[Cash flows from financing activities],[Cash borrowed on short-term note],[Cash paid on long-term note],[Cash received from issuing stock],[,,0],[Net increase (decrease) in cash,$,0],[Cash balance at December 31, prior year],[Cash balance at December 31, current year,$,0]]
Golden Corp.'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, (5) Other Expenses are all cash expenses, and (6) any change in Income Taxes Payable reflects the accrual and cash payment of taxes.
Additional Information on Current Year Transactions
a. Purchased equipment for $52,900 cash.
b. Issued 13,000 shares of common stock for $5 cash per share.
c. Declared and paid $99,000 in cash dividends.
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