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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. Additional Information on Current Year Transactions 6. Purchosed equipment for $47,800 cash b. Issued 12700 shares of common stock for $5 cash per share. c. Declared and pald $96,000 in cash dividends. Required information \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Spreadsheet for Statement of Cash Flows } \\ \hline \multicolumn{4}{|c|}{ For Current Year Ended December 31} \\ \hline \multirow{2}{*}{December31,PriorYear} & \multicolumn{2}{|c|}{ Analysis of Changes } & \multirow{2}{*}{December31,CurrentYeas} \\ \hline & Debit & Credit & \\ \hline \multicolumn{4}{|c|}{ Balance sheet-debit balance accounts } \\ \hline 114,700 & & & 171,000 \\ \hline 78,000 & & & \\ \hline 533,000 & & & \\ \hline 305,000 & & & \\ \hline 1,031,700 & & & \$ 171,000 \\ \hline \multicolumn{4}{|c|}{ Balance sheet-credit balance accounts } \\ \hline 107,500 & & & + \\ \hline 78,000 & & +2 & \\ \hline & + & +2 & \\ \hline 575,000 & & +2 & \\ \hline 170,500 & + & & \\ \hline 72,100 & +2 & & \\ \hline 51,031,700 & & & \\ \hline \multicolumn{4}{|c|}{\begin{tabular}{|l|l|} Statement of cash flows & \\ Operating activities & \end{tabular}} \\ \hline & & & \\ \hline \\ \hline 5 & 28 & & \\ \hline Q & & & \begin{tabular}{|l|l|} 2+2+20 \\ \end{tabular} \\ \hline 10 & & & \\ \hline & +3 & & \\ \hline 8 & +2 & & \\ \hline \multicolumn{4}{|c|}{ Investing activises } \\ \hline & & 1 & \\ \hline & & & \\ \hline \multicolumn{4}{|c|}{\begin{tabular}{|l|l|} +20 & \\ \end{tabular}} \\ \hline & +2 & & \\ \hline & 2 & & \\ \hline & & \begin{tabular}{|l|l|} \\ s & 0 \end{tabular} & \\ \hline \end{tabular}

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