The 2021 and 2020 balance sheets of Walker Corporation lollow. The 2021 income statement is aiso provided. Waker had no noncash iovesting and financing trunsactions during 2021 . During the year, the company sold equipment for $15,800, which had onginaly cost $13,600 and had a book value of $11,400. The company did not issue any notes payable during the year bia did issue common stock for $26,000. The compony purchased plant assets and long-term investments with cash. WH. (Cick the icon to view the income statement) Click the icon to view the balance sheets) Requirements 1. Prepare the statemont of cash fows for Waiker Corporation for 2021 using the indirect method 2. Evaluate the company's cash flows for the year Discuss each of the categories of cash fows in your response. Requirement 1. Prepare the statement of cash flows lor Waker Corporation for 2021 using the indirect mothod. Prepare the statement one section at a time. (Use parentheses or a minus sign for murnbers to be subbacted or for a net cash outflow ) Income Statement Income Statement Balance Sheets Balance Sheets Walker Corporation Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2021 Operating Activities: Adjustments to reconcile net income to cash basis: Net cash provided by (used for) operating activities Decrease in accounts payable Decrease in accounts receivable Decrease in interest payable Decrease in inventory Decrease in other accrued expenses payable Decrease in prepaid insurance Decrease in taxes payable Decrease in wages payable Increase in accounts payable Increase in accounts receivable Increase in interest payable Increase in inventory Increase in other accrued expenses payable