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The 2021 and 2020 comparative balance sheets and 2021 income statement of Outdoor Supply Corp. follow: (Click the icon to view the comparative balance
The 2021 and 2020 comparative balance sheets and 2021 income statement of Outdoor Supply Corp. follow: (Click the icon to view the comparative balance sheet.) (Click the icon to view the income statement.) Outdoor Supply had no noncash investing and financing transactions during 2021. During the year, there were no sales of land or equipment, no payment of notes payable, Read the requirements. Requirement 1. Prepare the company's 2021 statement of cash flows using the direct method. Start by completing the cash flows from operating activities. Then complete each section of the statement of cash flows. (Use parentheses or a minus sign for numbers to to Outdoor Supply Corp. Statement of Cash Flows (Direct Method) Year Ended December 31, 2021 Cash flows from operating activities: Receipts: Payments:
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