In your told september 30, 2021, houded (Click the loon to view the transaction data) Read the ment start by compering he can sows from operating activites then complete the camareng statement or cash sows and the accompanying scheue or noncash investing and anancing activos (Use parentheses or a menus agn for numbers to be subtracted and for a net decrease in cash) Cassesso Movie Theater Company Statement of Cash Flows (Indirect Method) Year Ended September 30, 2021 Cash flows from operating activities: Adjustments to reconcile net income to net cash provided try (used for) operating activ Net cash provided by juted for) operating activites Cash flows from investing activibes: Not cish provided by (used for) anesting activities Cash flows from financing activities Net cash provided by (used for) financing active Net increase (decrease) in cash Data table More info 2021 September 30, 2020 Acquisition of land Proceeds from sale of long- Current assets: Cash and cash equal $ 15,300 $ 17,000 Accounts receivable 14.500 22.200 by issuing note payable Amorization aspense Payment of cash dividend Cash purchase of $ 115.000 Serm investmere 5 19,800 4,300 Depreciation expens 16.000 29,000 Cash purchase of building 59,000 Net income 58.000 Inventories 63000 61,300 equipment 59,100 Issuance of common Prepaid expenses 17,200 9.000 Current abilities: Issuance of long-term re payable to borrow cash stock for cash 42,000 Stock dividend 15,000 10,000 Accounts payab 5 57,300 $ 55.2001 Accrued labe 32,700 45,700 Income tax payable 15,000 10,800 Print Done Print Done Requirements 1. Prepare Cassesso Movie Theater Company's statement of cash flows for the year ended September 30, 2021, using the indirect method to report cash 1ows from operating activities. Report narcash testing and financing activities in an accompanying schedule 2. Evaluate Casesso's cash flows for the year. Mendon all three calegones of cash fows, and give the rasonale for your evaluation Print Done - x X Noncash investing and financing activities: Requirement 2 Eva Cassesso's cash Sows for the year. Mention all three categories of cash flows, and give the rationale for your valuation Casso Movie Theater Company's cash flow look Cassssso Move The garde are the main source of cash cash flow from investing activities largely due to the Casesso Movie Theater generated a of equioners and a building generally boces cash flow from Enancing activities. These francing activities indicate that the Casaso Movie Theater for the future when a company missts in new capal asses credit-worthy to be able to sue ong-term notes We also see that the company has hands to pay cash dividends Time Remaining: 02:15 12