The following changes took place last year in Pavolik Company's balance sheet accounts 5711 SD 512 Asset and Contrast Accounts Cash Accounts receivable Inventory Prepaid expenses Long term investments Property, plant, and equipent Accumulated depreciation D Decrease; I = Increase $ 230 522 $ 640 3.221 5.240 5. 5911 oblities and Stockholders County Accounts Accounts payable Accrued abilities Income taxes payable Bonds payable Common stock Retained earnings 5.91 ce Long-term investments that cost the company $24 were sold during the year for 552 and land that cost $51 was sold for $27. In addition, the company declared and paid $21 in cash dividends during the year. Besides the sale of land, no other sales or otirements of plant and equipment took place during the year. Pavolik did not retire any bonds during the year or issue any new common stock The company's income statement for the year follows: 850 12 cost of woods sold Gross margin Selling and sinistrative pences Het operating income Manoperating its on sale of Cain on sale of investments Incestora 5 (26 21 176 511 Netcon 4 28 176 64 Gain on sale of investments Income before taxes Income taxes Net income $ 112 The company's beginning cash balance was $134 and its ending balance was $111. Required: 1. Use the indirect method to determine the net cash provided by operating activities for th 2. Prepare a statement of cash flows for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a statement of cash flows for the year. (List any deduction in cash and cash outflows a Pavolik Company Statement of Cash Flows Operating activities Investing activities