Prepare statement of cash flows using the indirect method. The income statement for 2021 and the balance sheets for 2021 and 2020 are presented for Gibson Industries, Inc. EE (Click the icon to view the income statement.) (Click the icon to view the balance sheets.) (Click the icon to view additional information.) Requirement Prepare a statement of cash flows for Gibson Industries, Inc., for the year ended December 31, 2021, using the indirect method. Prepare the statement one section at a time. (Use parentheses or a minus sign for numbers to be subtracted and for net cash outflows.) Gibson Industries, Inc. Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2021 Operating Activities: Adjustments to reconcile net income to cash basis Net Additional information Additional information follows a. Sold plant asset for $4,200 The original cost of this plant asset was $10,100 and it had $7,900 of accumulated depreciation associated with it b. Paid $6,000 on the bonds payable, issued $46,000 of new bonds payable. c. Declared and paid cash dividends of $2,600 d. Purchased new investment for $16,000 Paid cash e. Purchased new equipment for $40,100 Paid cash Print Done - X