P11-63A. (Learning Objectives 2, 3: Prepare the statement of cash flows-indirect method) The 2021 and 2020 comparative balance sheets and 2021 income statement of Queen Supply Corp. follow: Queen Supply had no noncash investing and financing transactions during 2021. During the year, there were no sales of land or equipment, no payment of notes payable, no retirements of stock, and no treasury stock transactions. Requirements 1. Prepare Queen Supply's 2021 statement of cash flows. Use the indirect method to format operating activities. 2. How can the concepts used in this problem help you evaluate an investment? P11-63A. (Learning Objectives 2, 3: Prepare the statement of cash flows-indirect method) The 2021 and 2020 comparative balance sheets and 2021 income statement of Queen Supply Corp. follow: Queen Supply had no noncash investing and financing transactions during 2021. During the year, there were no sales of land or equipment, no payment of notes payable, no retirements of stock, and no treasury stock transactions. Requirements 1. Prepare Queen Supply's 2021 statement of cash flows. Use the indirect method to format operating activities. 2. How can the concepts used in this problem help you evaluate an investment