Note: Please dont leave part 2 for someone else. I need part 2 as well.

Prepare S&G's 2016 statement of cash flows, using the indirect method to present cash flows from operating activities. Prepare the cash flows from operating activities section of S&G's 2016 statement of cash flows using the direct method. Assume that all purchases and sales of inventory arc on account, and that there arc no anticipated bad debts for accounts receivable