Please answer both question $(1$ and $2)$

$1.$Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method.

$2.$

Evaluate the operating cash flow of

South Central Corporation. Explain.

Net income $$39,000$

$$

Depreciation expense $$17,000$

Collection of dividend revenue $7,700$

Decrease in current liabilities $25,000$

Payment of interest $18,000$

Increase in current assets other than cash $24,000$

Sales revenue $164,000$

Loss on sale of land $18,000$

Payment of dividends $7,700$

$$

Acquisition of land with cash $41,000$

$$

Payment of income tax $13,000$