The income statement and additional data ofNorman Travel Products. Inc, follow Click the icon to view the income statement)(Click the icon to view the additional data.) Requirements 1. Prepare Norman's statement of cash flows for the year ended December 31, 2018, using the indirect method 2. Evaluate the company's cash Sows for the year. In your evaluation, mention all three categories of cash fows and give More Info Data Table Year Ended December 31, 2018 Additional data Cash flows from operating activities: a. Acquisition of plant assets was $190,000. Of this amount, $160,000 was paid in cash and $30,000 was inanced by signing a note Norman Travel Products, Inc. Income Statement Year Ended December 31, 2018 payable b Proceeds from the sale of land totaled $23.000 c. Proceeds from the issuance of common stock totaled $60.000 d. Payment of a long-term note paryable was S19.000 e. Payment of dividends was $13.000 Acquisition of plant assets Decrease in accounts receivable Service revenue 5 245,000 Increase in accounts payable Decrease in accrued liabilities Decrease in inventory Increase in prepaid expenses Net Income Payment of dividends Payment of long-term note payable Proceeds from issuance of common shock Proceeds from sale of land From the balance sheets 8900 s 253,900 Dividend revenue December 31 2018 2017 Cost of goods sold Salary expense Depreciaton expense Advertising expense nterest expense Income tax expense 104,000 Current assets: 8,000 36,000 4400 2.600 16,000 241,000 0,00082,500 56,000 87.000 8,900 Accounts receivablo 37,000 50.000 9,300 Prepaid expenses Net cash provided by (used for) investing activities Net income S 12,900 Current liabilities Cash flows from financing activities: Accounts payable S30.000 18,000 12,000 24,000 Print Done Accruad labilties Print Done Net cash provided by (used for) financing activities Choose from any list or enter any number in the input fields and then continue to the next