Selected transaction data for the year ended March 31, 2021, include the following: a. Net income, 576,800 b. Paid long-term note payable with cash, $59,600 c. Cash payments to employees, $42,700 d. Loss on sale of land, 59,200 e. Acquired equipment by issuing long-term note payable, $14,200 1. Cash payments to suppliers, $145,600 9. Cash paid for interest, $3,000 h. Depreciation expense on equipment, $13,100 1. Paid short-term note payable by issuing common stock, 55,300 1. Paid cash dividends, $45,600 k. Received cash for issuance of common stock, $2,200 L. Cash recelved from customers, $295,200 m. Cash paid for income taxes, $11,600 n. Sold land for cash, $52,300 Q. Interest recelved (in cash), $1,800 p. Purchased long-term investment for cash, $2,900 Requirements 1. Prepare the statement of cash flows for Graphic Company, Inc, for the year ended March 31, 2021, using the Indirect method for operating cash flows. Include a schedule of noncash investing and financing activities. All of the current accounts except short-term notes payable result from operating transactions. 2. Also prepare a schedule of cash flows from operations using the direct method