Exercise 12-21B (Algo) Direct: Preparing statement of cash flows and supporting note LO P5 Use the above information about Ferron Company to prepare a complete statement of casin flows (direct method) for the current year ended December 31. Use a note disclosure for any noncash investing and financing activities. (Amounts to be deducted should be indicated with a minus sign.) FERRON COMPANY Statement of Cash Flows For Year Ended December 31 Cash flows from operating activities