The income statement and additional data of Breen Travel Products, Inc., follow: (Click the icon to view the income statement.) Requirements Previous question (Click the icon to view the additional data.) 1. Prepare Breen's statement of cash flows for the year ended December 31, 2017, using the indirect method. 2. Evaluate Breen's cash flows for the year. In your evaluation, mention all three categories of cash flows and give the reason for your evaluation. Income Statement Requirement 1. Prepare Breen's statement of cash flows for the year ended December 31, 2017, using the indirect method. Start by completing the cash flows from operating activities. Then complete each section of the statement of cash flows, including the non-cash invest parentheses or a minus sign for numbers to be subtracted and for negative amounts.) Breen Travel Products, Inc. Statement of Cash Flows Year Ended December 31, 2017 Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by (used for) operating activities: Revenues: Breen Travel Products, Inc. Income Statement Year Ended December 31, 2017 Service revenue. S 336,905 10,357 Dividend revenue. $ 347,262 Expenses: Cost of goods sold 114,286 Salary expense 64,286 Depreciation expense 32,143 Advertising expense 5,119 Interest expense 2,500 Income tax expense.. 7,143 225,477 $ 121,785 Net income 22 stv Print Done Time Remaining: 02:28:04 Next