Omega Company's accountants have just completed the income statement and balance sheet for the year and have provided the following information (dollars in thousands) INCOME STATION Sales rev 120.60 30.150 3.100 100 3. Cost of wood old Depreciation expense Salaries Rente Incepe Uswap Interest expensen bonds Loss on sale of investments Net loss 500 720 240 20 ROS Pior Year 568 512 SELECTEDILANCE SHERT MCCOUNTS ur YA Merchandise inventory $ 100 Mocounts receivable 43 Accounts payable 285 Salores payable 5 Rent payable Prepaidat Propadne = = 214 15 10 0 6 Other Data The company issued $24,000,6 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. (List cash outflows as negative amounts. Enter your answers in thousands.) Other Data The company issued $24,000, 6 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. (List cash outflows as negative amounts. Enter your answers in thousands.) OMEGA COMPANY Cash Flows from Operating Activities Direct Method (in thousands) Cash flows from operating activities 2. Prepare the cash flows from operating activities section of the statement of cash flows using the Indirect method (List cash outflows and losses as negative amounts. Enter your answers in thousands.) OMEGA COMPANY Cash Flows from Operating Activities Indirect Method in thousands Cash flows from operating activities: Adjustments to reconcile net loss to net cash provided by operating activities Total adjustments