Please show required 1 and 2

Some updanes es Chapter 14 Exercises 3 The following changes took place last year in Pavolik Company's balance sheet accounts ilities and Stockholders 12 D Accounts payable S 161 Accrued liabilities s 38 I s 16 D s 21 I $140 I Inventory s11 Bonds payable s 13D Common stock Property, plant, and equipnent 58I $ 58 I D Decrease: I - Increase. Long-term investments that cost the company $13 were sold during the year for $30 and land that cost $29 was sold for $16. In addition, the company declared and paid $10 in cash dividends during the year. Besides the sale of land, no other sales or retirements of plant and equipment took place during the year. Pavolik did not retire any bonds during the year or issue any new common stock $780 Cost of goods sold and administrative expenses Set operating income itenss s (13) Loss on sale of land Gain on sale of investnents Income taxes Net income The company's beginning cash balance was $112 and its ending balance was $100 1. Use the Indirect method to determine the net cash provided by operating activities for the year 2. Prepare a statement of cash flows for the year.