C. Discuss the relative benefits of the direct method. .7 The financial statements of Bella Corporation follow: EVALUATING: OPERATING AND CAPITAL RESOURCE PROCESSES Additional 1. No short-term investments were purchased during the year. Information: 2. Equipment costing $20,000,000[$20,000 (thousand)] was sold during the year. Required: A. Prepare the operating section of the statement of cash flows using the direct method. B. Prepare the statement of cash flows using the indirect method