The comparative balance sheet of Smithson Educational Supply at December 31, 2024, reported the following (Click the icon to view the comparative balance sheet.) Smithson's transactions during 2024 included the following: (Click the icon to view the transactions.) Data table Data table Increase in Merchandise Inventory Requirements 1. Prepare the statement of cash flows of Smithson Educational Supply for the year ended December 31,2024 . Use the indirect method to report cash flows from operating activities. 2. Evaluate Smithson's cash flows for the year. Mention all three categories of cash flows, and give the reason for your evaluation