Required 1. Using the indirect method, determine the net cash provided by / used in operating activities for the year. (List any deduction in cash and cash outflows as negative amounts.) Pavolik Company Statement of Cash Flows -Indirect Method (Partial) Adjustments to convert net income to a cash basis 2. Prepare a statement of cash flows for the year. (List any deduction in cash and cash outflows as negative amounts.) Pavolik Company Statement of Cash Flows - Indirect Method Operating activities: Investing activities: Financing activities: Beginning cash and cash equivalents Ending cash and cash equivalents