The comparative balance sheet of Smithson Educatiosal Supply at December 31, 2024, reportad the following (Cick the icon to wiew the corrparative balance sheet) Smithson's transactions during 2024 included the following (Click the icon to vitw the transactions) Read the requirements Requirement 1. Prepare the statersent of cash fows of Stivitson Edocasional Supply for the year ended December 31, 2024. Use the indired noothod to repert cash fows trom operating activies. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box bo sof used in the stasement, leave the box empty do not select a labed er enter a rere) Requirement 2. Evaluate Smithson's cash flows for the year. Mention all three categories of cash flows, and give the reason for your evaluation. Complete the following statements to evaluate Smithson's cash flows Operations are cash. The company is plant assets. There is more financing by than by Cash during the year. For the reasons given above, Smithson's cash flows look Requirement 3. If Smithson plans similar activity for 2025, what is its expected free cash flow? (Uso a minus sign or parentheses for amounts that result in a decrease in cash Abbreviations used Cash pmts for planned invest. = Cash payments for planned investments in long-term assets. NCOA = Net cash provided by operating activitles, NCFA = Net cash provided by financing activities.) Select the labels and enter the amounts to calculate Smithson's expected free cash flow for 2025 = Free cash flow = Data table Data table