Royal Caribbean Cruises Ltd. operates the Royal Caribbean International and Celebrity Cruises brands, with 18 modern ships and a passenger capacity of 34.900. Go to http://www.rclinvestor.com and click on Annual Reports, and then the HTML version of the most recent annual report. Continue until you can click on the financial table of con- tents followed by the Consolidated Statements of Cash Flows. Use this statement to answer the fol- lowing questions. 1. Does Royal Caribbean Cruises use the direct or the indirect method to prepare the state- ment of cash flows? How can you tell? Which activity section is affected by this choice of method? 2. For the most recent year. list the amount of net cash inflow or outflow for each of the three major types of activities reported on the Statement of Cash Flows. Which type of activity is providing the most cash? Is this considered favorable or unfavorable? 3. For the most recent year, what amount is reported for Net Income/(Loss) and Net Cash pro- vided by Operating Activities? Are these amounts the same? Explain why or why not.