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Omega Company's accountants have just completed the income statement and baiance sheet for the year and thave provided the ollowing information (dollars in thousands): Other

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Omega Company's accountants have just completed the income statement and baiance sheet for the year and thave provided the ollowing information (dollars in thousands): Other Oatat The compeny itwed 515.000,8 percent bonds payoble at par dunng the year. Required: 1. Piepare the cash fiows from operating activities section of the statement of cash fiows using the direct method. 2. Prepare the cash forms from operating activities section of the statement of cash flows ising the indirect method. Other Data: The company issued $15.000,8 percent bonds payable at par during the year. Required: 1. Prepare the cash flows from operating activities section of the statement of cash flows using the direct method. 2. Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. Complete this question by entering your answers in the tabs below. Prepare the cash flows from operating activities section of the statement of cash nows using the direct method. Note: List cash outhows as negative amounts. Enter your answers in thousands

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