The income statement and additional data of Nyman Travel Products, Inc., follow: FFA (Click the icon to view the income statement.) Click the icon to view the additional data.) Requirements 1. Prepare Nyman's statement of cash flows for the year ended December 31, 2017, using the indirect method. 2. Evaluate Nyman's cash flows for the year. In your evaluation, mention all three categories of cash flows and give the reason for your evaluation Requirement 1. Prepare Nyman'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 investing and financing activities. (Round your answers to the nearest whole dollar. Use parentheses or a minus sign for numbers to be subtracted and for negative amounts.) Nyman Travel Products, Ine. 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: Choose from any ist or enter any number in the input fields and then continue to the next question of Nyman Travel Products, Inc., follow: statement i X - Income Statement ows fort ear. In y bn for your evalua n Travel ement of nded Dec Nyman Travel Products, Inc. Income Statement Year Ended December 31, 2017 Revenues: Service revenue ........... $ 309,952 9,529 $ 319,481 ...... arating ad Dividend revenue. Expenses: Cost of goods sold ........ Salary expense Depreciation expense ... 105,143 59,143 29,571 4,710 2,300 6,571 Advertising expense ..... Interest expense Income tax expense........ 207,438 operating 112,043 Net income er in the Print Done ata of Nvman Travel Products, Inc. follow: me i Data Additional data: a. Acquisition of plant assets was $219,048. Of this amount, $175,238 was paid in cash and $43,810 by signing a note payable. b. Proceeds from sale of land totalled $25,190. c. Proceeds from issuance of common share totalled $65,714. d. Payment of long-term note payable was $14,239 e. Payment of dividends was $10,952. f. From the balance sheets: December 31 2017 2016 -) Current Assets: Cash $ Accounts receivable 164,286 48,190 113,905 10,405 $ 152,130 62,429 78,857 9,090 Inventory. Prepaid expenses Current Liabilities: Accounts payable Accrued liabilities $ 41,619 12,048 $ 25,190 26,286 ................ be | Print Print Done Done