The last two images are refrence for what goes into the statement of cash flows

investmerts wh cash. Requirements 1. Prepare the statement of cash flows for Wagner Corporation for 2021 wsing the indicect method. 2. Evaluale the company's cash flows for the year. Discuss each of the categories of cash fows in your nesponse. Requirement 1. Prepave the statement of cash fows for Wagner Corporation for 2021 using the indirect method. Prepare the stabment one secfion at a time, (Use pathetheses or a minus sign for numbers is be subtracted or for a net cash outhow) quirement 2. Evaluate the company's cash flows for the year. Discuss each of the categories of cash flows in your response. aterside Corporation's cash flows look some cash. These activities included . They had provided by operating activities. The investing activities purchasing a stock investment and equipment. and . The corporation also Balance Sheets Waterside Corporation Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2021 Operating Activities: Net income $185,300 Adjustments to reconcile net income to cash basis: Depreciation expense Gain on sale of equipment Increase in accounts receivable Decrease in inventory Increase in prepaid insurance Decrease in accounts payable Decrease in wages payable Increase in interest payable Increase in taxes payable Decrease in other accrued expenses payable Net cash provided by (used for) operating activities \begin{tabular}{rr} $6,000 & \\ (4,700) & \\ (2,700) & \\ 6,300 \\ (300) & \\ (2,300) & \\ (4,000) & \\ 2,600 & \\ 5,200 & \\ (3,100) & 3,000 \\ \hline & 188,300 \end{tabular} Investing Activities: Purchase of equipment (32,100) Proceeds on sale of equipment Purchase of stock investments 15,400 (116,000) Net cash provided by (used for) investing activities (132,700)