The Diversified Portfolio Corporation provides investment advice to customers. A condensed Income statement for the year ended December 31, 2024, appears below: The following balance sheet Information also is avallable: In addition, the following transactions took place during the year: 1. Common stock was issued for $132,000in cash. 2. Long-term investments were sold for $66,000In cash. The original cost of the investments also was $66,000. 3. $96,000 in cash dividends was paid to shareholders. 4. The company has no outstanding debt, other than those payables Iisted above. 5. Operating expenses include $46,000 in depreclation expense. Required: 1. Prepare a statement of cash flows for 2024 for the Diversified Portfollo Corporation. Use the direct method for reporting operating activitles. 2. Prepare the cash flows from operating activitles section of Diversified's 2024 statement of cash flows using the indirect method Complete this question by entering your answers in the tabs below. Prepare a statement of cash flows for 2024 for the Diversified Portfolio Corporation. Use the direct method for reporting operating activities. Note: 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 2024 statement of cash flows using the indirect method. Note: Amounts to be deducted should be indicated with a minus sign