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(Click the icon to view the income statement.) (1) (Click the icon to view the additional data.) Requirements 1. Prepare Breer's statement of cash fows
(Click the icon to view the income statement.) (1) (Click the icon to view the additional data.) Requirements 1. Prepare Breer's statement of cash fows for the yeat ended December 31, 2021, using the indirect method. 2. Evaluate the company's cash fiows for the year. In your evaluasion, mention all three calegories of cash flows and give the rationalo for your ovaluation. Requirement 1. Rrepare Breen's statement of cash flows for the year ended December 31, 2021, using the indirect method. Start by corrpleting the cash flows trom operating activities. Then complete each section of the statement of cash flows, including the noncish investing and financing activities. (Use p a minus sign for numbers to be subtractod and for a not decroase in cash.) Additional data: a. Acquisition of plant assets was $204,000. Of this amount, $160,000 was paid in cash and $44,000 was financed by signing a note payable. b. Proceeds from the sale of land totaled $110,000. c. Proceeds from the issuance of common stock totaled $47,000. d. Payment of a long-term note payable was $12,000. e. Payment of dividends was $10,000. f. From the balance sheets
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