(Solved): Prepare a complete statement of cash flows using the direct method for the current year. (Amounts ...

Prepare a complete statement of cash flows using the direct method for the current year. (Amounts to be deducted should be indicated with a minus sign.) Additional Information on Current Year Transactions a. Purchased equipment for \( \$ 58,000 \) cash. b. Issued 13,300 shares of common stock for \( \$ 5 \) cash per share. c. Declared and paid \( \$ 102,000 \) in cash dividends.