The 2016 comparative balance sheet and income statement of M. Greyson Pet Supply, Inc., are: EE (Click the icon to view the comparative balance sheet. (Click the icon to view the income statement) M. Greyson Pet Supply, Inc., had no noncash investing and financing transactions during 2016, During the year, M. Greyson Pet Supply, Inc., made no sales of land or equipment, no issuance of notes payable, no retirement of stock, and no treasury stock transactions. Requirements 1. Prepare the 2016 statement of cash flows, formatting operating activities by the indirect method. 2. How will what you learned in this problem help you evaluate an investment in M. Greyson Pet Supply, Inc.? Requirement 1. Prepare the 2016 statement of cash flows, formatting operating activities by the indirect method. Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use parentheses or a minus sign for numbers to be subtracted M. Greyson Pet Supply, Inc. Statement of Cash Flows Year El nded December 31, 2016 Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash provided by operating activities: Net cash provided by (used for) operating activities Cash flows from investing activities: Net cash provided by (used for) investing activities Cash flows from financing activities: Net cash provided by (used for)financing activities Net increase (decrease) in cash: Cash balance, December 31, 2015 Cash balance, December 31, 2016