8:17 for the year. Mention all three categories of cash flows, and give the rationale for your evaluation. LO 2, P11-63A. (Learning Objectives 2, 3: Prepare the statement of cash flows -indirect method) The 2021 and 2020 comparative balance sheets and 2021 income state- ment of Queen Supply Corp. follow: P11-64A. (Learning Objectives 2, 4: Prepare the statement of cash flows-direct method) Use the Queen Supply Corp. data from P11-63A. Requirements 1. Prepare the company's 2021 statement of cash flows using the direct method. 2. How can the concepts used in this problem help you evaluate an investment? P11-64A. (Learning Objectives 2, 4: Prepare the statement of cash flows-direct method) Use the Queen Supply Corp. data from P11-63A. Requirements 1. Prepare the company's 2021 statement of cash flows using the direct method. 2. How can the concepts used in this problem help you evaluate an investment? 8:17 for the year. Mention all three categories of cash flows, and give the rationale for your evaluation. LO 2, P11-63A. (Learning Objectives 2, 3: Prepare the statement of cash flows -indirect method) The 2021 and 2020 comparative balance sheets and 2021 income state- ment of Queen Supply Corp. follow: P11-64A. (Learning Objectives 2, 4: Prepare the statement of cash flows-direct method) Use the Queen Supply Corp. data from P11-63A. Requirements 1. Prepare the company's 2021 statement of cash flows using the direct method. 2. How can the concepts used in this problem help you evaluate an investment? P11-64A. (Learning Objectives 2, 4: Prepare the statement of cash flows-direct method) Use the Queen Supply Corp. data from P11-63A. Requirements 1. Prepare the company's 2021 statement of cash flows using the direct method. 2. How can the concepts used in this problem help you evaluate an investment