The 2021 and 2020 balance sheets of Wilson Corporation follow. The 2021 income statement is also provided. Wilson had no noncash investing and financing transactions during 2021 . During the year, the company sold equipment for $15,700, which had originally cost $13,400 and had a book value of $11,800. The company did not issue any notes payable during the year but did issue common stock for $31,000. The company purchased plant assets and long-term investments with cash. (Click the icon to view the income statement.' (Click the icon to view the balance sheets.) Requirements 1. Prepare the statement of cash flows for WilsonCorporation for 2021using the indirect method. 2. Evaluate the company's cash flows for the year. Discuss each of the categories of cash flows in your response. Income Statement Balance Sheets The 2021 and 2020 balance sheets of Wilson Corporation follow. The 2021 income statement is also provided. Wilson had no noncash investing and financing transactions during 2021 . During the year, the company sold equipment for $15,700, which had originally cost $13,400 and had a book value of $11,800. The company did not issue any notes payable during the year but did issue common stock for $31,000. The company purchased plant assets and long-term investments with cash. (Click the icon to view the income statement.' (Click the icon to view the balance sheets.) Requirements 1. Prepare the statement of cash flows for WilsonCorporation for 2021using the indirect method. 2. Evaluate the company's cash flows for the year. Discuss each of the categories of cash flows in your response. Income Statement Balance Sheets