(1) Prepare a complete statement of cash flows for the current year using the direct method. (Amounts to be deducted should be indicated with a minus sign.) Required information [The following information applies to the questions displayed below.] The following Cash T-account shows the total debits and total credits to the Cash account of Thomas Corporation for the current year. (1) Prepare a complete statement of cash flows for the current year using the direct method. (Amounts to be deducted should be indicated with a minus sign.) THOMAS CORPORATION Statement of Cash Flows For Year Ended December 31 Cash flows from operating activities Required information 2) Refer to the statement of cash flows for part 1 to answer the following questions a through : Cash flows from investing activities Cash flows from financing activities Net increase (decrease) in cash. Beginning balance of cash Ending balance of cash 2) Refer to the statement of cash flows for part 1 to answer the following questions a through d