The Diversified Portfolio Corporation provides investment advice to customers. A condensed income statement for the year ended December 31, 2018, appears below Servi 1-060 000 780 00D 280,000 84 000 196,000 4.16 palnta Income befoze income taxes Net income The following bolance sheet information also is available $375, 00078.000 Cash Aecounts receivable Accounts payable (operating 136.000108.000 B6, 00068.000 18,00032.000 Income taxes payable In addition, the following transactions took place during the year 1 Common stock was issued for $116.000 in cosh 2 Long-term investments were sold for $58,000 in cosh. The oniginal cost of the investments also was $58.000 3 $88,000 in cash dividends was poid to shareholders 4. The company has no outstonding debt, other than those payables listed above. 5. Opecoting expenses include $38,000 in depreciation expense Required 1. Prepare o statement of cosh flows for 2018 for the Diversified Porfolio Corporasion. Use the direct method for reporting operating octvities 2 Prepare the cosh lows from opereting activities section of Divenified's 2018 statement of cash flows using the indirect method. this question by entering your answers in the tebs below Requred Required 2 Prapars the sash tiows from pperating astities ection ef Diverseds 2018 statement of cash nows using the indirect 17 or 24 Next