$1.$ Prepare the Statement of Cash flows for the year ended June $30,2021$ using the Direct Method. Hint Use the Cash T$-$account on the General Ledger tab to identify the sources and uses of cash. List cash outflows as negative values.

$2.$ Prepare the operating activities section of the statement of cash flows using the indirect method. Enter reductions to net cash provided by operating activities as negative values.GL$1201($Algo$)-$ Based on Exercise $12-11$ LO P$2,$ P$3,$ A$1$

Use the following financial statements and additional information.