PAMNELL COMPANY Selected Accounts from Comparative Balance Sheets Decenber 31,2024 and 2023 Required: 1. Prepare the cash flows from operating activities section of the statement of cash flows for Parnell Company using the direct method. Note: Enter your answers in thousands (i.e., 10,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign. Portions of the financial statements for Parnell Company are provided below. Cash Flows from Operating Activities: Accounts payable Accounts receivable Cash paid for income taxes Cash paid for insurance Net cash flows from operating activities