LAMBERT COMPANY Statement of Cash Flows For the Year Ended December 31, Current Year Cash flows from operating activities: Cash received from customers \begin{tabular}{|l|r|} \hline Interest and dividends received & 100,000 \\ \hline & \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline Cash provided by operating activities \\ \hline Cash paid to suppliers and employees \\ \hline Income taxes paid & \\ \hline Interest paid & \\ \hline Cash used for operating activities & \\ \hline Net cash flow from operating activities & \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & 100,000 \\ \hline & \\ \hline & \\ \hline \end{tabular} Cash and cash equivalents, end of year 26 of 28 The accounting staff of Lambert Company has assembled the following information for the year ended December 31 of the current year. Required: a. Prepare a statement of cash flows. Use the direct method of reporting cash flows from operating activities. b-1. Compute the amount of collections from customers. b-2. Compute the amount of cash paid to suppliers and employees. b-3. Compute the amount of proceeds from sales of plant assets. Complete this questipn by entering your answers in the tabs below. Prepare a statement of cash flows. Use the direct method of reporting cash flows from operating octivities. (List any deduction b-1. Compute the amount of collections from customers. b-2. Compute the amount of cash paid to suppliers and employees. b-3. Compute the amount of proceeds from sales of plant assets. Complete this question by entering your answers in the tabs below. Compute the amount of cash paid to suppliers and employees. omplete this question by entering your answers in the tabs below. ompute the amount of proceeds from sales of plant assets. Required: a. Prepare a statement of cash flows. Use the direct method of reporting cash flows from operating activities. b-1. Compute the amount of collections from customers. b-2. Compute the amount of cash paid to suppliers and employees. b-3. Compute the amount of proceeds from sales of plant assets. Complete this question by entering your answers in the tabs below. Compute the amount of collections from customers