Complete the statement one section at a time, beginning with the cash flows from operating activities

Requirements

Prepare the statement of cash flows of Morston Educational Supply for the

year ended December $31,2024.$ Use the indirect method to report cash flows

from operating activities.

Evaluate Morston's cash flows for the year. Mention all three categories of

cash flows, and give the reason for your evaluation.

If Morston plans similar activity for $2025,$ what is its expected free cash flow?