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The income statement and additional data of Breen Travel Products, Inc, follow: IIB (Click the icon to view the income statement) Click the icon to

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The income statement and additional data of Breen Travel Products, Inc, follow: IIB (Click the icon to view the income statement) Click the icon to vew the additional data) Requirements 1. Prepare Breen's statement of cash flows for the year ended December 31,2021 , using the indrect method. 2. Evaluate the company's cash flows for the year In your evaluation, mention all three categories of cash fows and give the rationale for your evaluadian Requirement 1. Prepare Breen's statement of cash flows for the year ended December 31, 2021, using the indrect method Start by completing the cash flows from operating activities. Then complete each section of the statement of fash flows, including bhe noncass investing and financing acfities (Use parentheses of a minus sign for numbers to be subtracted and for a net decrease in cash.). Requirement 2. Evaluate Breen's cash flows for the year in your evaloation, mention all three categories of cash fows and give the rationale for your evaluafion Breenis cash flows look are the main source of cash The company inwested in fow assets. The financing transactions included All of these signis are Data table Additional data: a. Acquisition of plant assets was $124,000. Of this amount, $80,000 was paid in cash ar d $44,000 was financed by signing a note payable. b. Proceeds from the sale of land totaled $59,000. c. Proceeds from the issuance of common stock totaled $35,000. d. Payment of a long-term note payable was $11,000. e. Payment of dividends was $12,000. f. From the balance sheets: d. Payment of a long-term note payable was $11,000. e. Payment of dividends was $12,000. f. From the balance sheets

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