The inoome statement and additional data of Newbury Travel Products, Inc. follow: (Click the icon to view the income statement.) 1 (Click the icon to view the additional data.) Requirements 1. Prepare Newtury's statement of cash flows for the year ended December 31, 2021, using the indirect method. 2. Evaluate the company's cash flows for the year, In your evaluation, mention al three categories of cash fows and give the rationale for your evaluation. Requirement 1. Prepare Newbury's statement of cash fows for the year ended December 31, 2021, using the indirect method. Start by completing the cash flows from operating activities. Thon complete each section of the statement of cash fows, including the noncash investing and financing activities. (Use parentheses or a minus sign for numbers to be subtractod and for a net decrease in cash.) ct method. ash flows and give the rationale for your evaluation. ig the indirsct method. tof cash flows, including the noncash irvesting and finanoing Additional data: a. Acquisition of plant assets was $146,000. Of this amount, $102,000 was paid in cash and $44,000 was financed by signing a note payable. b. Proceeds from the sale of land totaled $23,000. c. Proceeds from the issuance of common stock totaled $80,000. d. Payment of a long-term note payable was $17,000. e. Payment of dividends was $18,000. f. From the balance sheets: 1. From the balance sheets: thod. ows and give the rationale for your evaluation. 3 indirect mathod. ash flows, including the noncash investing and linancing The income statement and additional data of Newbury Travel Products, Inc. follow. (Click the icon to view the income statement.) f. (Click the icon to view the additional data.) Requirements 1. Prepare Newbury's statement of cash flows for the year ended December 31, 2021, using the indirect method, 2. Evaluate the company's cash flows for the year. In your evaluation, mention all three categories of cash flows and give the rationale for your evaluation. The income statement and additional data of Newbury Travel Products, Inc., follow: (Click the icon to view the income statement.) 1 (Click the icon to viaw the additional data.) Requirements 1. Prepare Newbury's statement of cash flows for the year ended December 31, 2021, using the indirect method. 2. Evaluate the company's cash flows for the year. In your evaluation, mention all three categories of cash flows and give the rationale for your evaluation. The income statement and additional data of Newbury Travel Products, Inc., follow: (Click the icon to view the income statement.) 1 (Click the icon to view the additional data.) Requirements 1. Prepare Newbury's statement of cash flows for the year ended December 31,2021 , using the indlirect method. 2. Evaluate the company's cash flows for the year, In your evaluation, mention all three categories of cash flows and give the rationale for your avaluation. The income statement and additional data of Newbury Travel Products, Inc., follow: (Click the icon to view the income statement.) f. (Click the icon to view the additional data.) Requirements 1. Prepare Newbury's statement of cash flows for the year ended December 31, 2021, using the indirect 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 evaluation. The income statement and additional data of Newbury Travel Products, Inc, follow: (Click the icon to view the income statement.) I (Click the icon to view the additional data.) Requirements 1. Prepare Newbury's statement of cash flows for the year ended December 31,2021 , using the indirect method. 2. Evaluate the company's cash flows for the year. In your evaluation, mention all three categories of cash flows and give the rationale for your evaluation. Requirement 2. Evaluate Newbury's cash flows for the year, In your evaluation, mention all three categories of cash fiows and give the rationale for your evaluation. Newbury's cash flows look are the main source of cash. The company invested in new assets The financing transactions included All of these signs are
