show all computations please . required 1 and 2

XCO Remaining Time: 39 minutes, 45 seconds. Question Completion Status: QUESTION 1 20 points Saw REQUIRED: 1 5 Points la identify the three major sections of the statement of cash flows [b] Under EACH major section, list THREE transactions that would be classified there on a Statement of Cash Flows. REQUIRED: 2 15 Points Cells and Crofts Industries wants to use the indirect method to report operating activity on its statement of cash flows. For the year 2021, the following information was made available: Net Income Depreciation Expense Increase in accounts receivable Decrease in inventories Decrease in prepaid expenses Decrease in wages payable Increase in property taxes payable $1,224,000 97,000 22,000 9,200 8.500 10.000 14,000 [a] Prepare the Operating Activities section of Cells and Croffts Industries' Statement of cash flows using the indirect method. [b] What other method could be used to prepare the Operating Activities section of a statement of cash flow beside the indirect method? How are the two methods different How are the two methods alike? Click Save and Submit to save and submit. Click Save All Answers to save all answers Save Al Answers Save and