The Diversified Portfolio Corporation provides investment advice to customers. A condensed income statement for the year ended December 31,2021 , appears below: The following balance sheet information also is available: In addition, the following transactions took place during the year. 1. Common stock was issued for $124,000 in cash. 2. Long-term investments were sold for $62,000in cash. The original cost of the Investments also was $62,000. 3. $92,000 in cash dividends was paid to shareholders. 4. The company has no outstanding debt, other than those payables irsted above. 5. Operating expenses include $42,000 in depreclation expense. Required: 1. Prepare a statement of cash flows for 2021 for the Diversified Portiollo Corporation. Use the direct method for reporting operating actlvitles. 2. Prepare the cash flows from operating activities section of Diversified's 2021 statement of cash flows using the indirect method. Prepare a statement of cash flows for 2021 for the Diversified Portfolio Corporation. Use the dire operating activities. (Amounts to be deducted should be indicated with a minus sign.) Complete this question by entering your answers in the tabs below. Prepare the cash flows from operating activities section of Diversified's 2021 statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)