The income statement and additional data of Stoughton Travel Products, Inc. folow: (Clek the icon...
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The income statement and additional data of Stoughton Travel Products, Inc. folow: (Clek the icon to view the income statement.) 1 (Click the ieon to view the asgitonal data.) Requirements 1. Prepare Stoughtor's stakement of cash flows for the year ended December 31, 2021, using the indivet method. 2. Evaluale 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. Reculrement 1. Prepare Stoughtor's statement of cash fows for the year ended December 31, 2021, uting the indirnot method. be subtracied and for a net decresse in cash. 's statement of cash flows for the year ended December 31, 2021, using the indirect method. any's cash flows for the rale for your evaluation. Data table re Stoughton's stateme cash flows from operat noncash investing and financit net decrease in cash.) More info or your evaluation. Additional data: a. Acquisition of plant assets was $151,000. Of this amount, $95,000 was paid in cash and $56,000 was financed by signing a note payable. b. Proceeds from the sale of land totaled $27,000. c. Proceeds from the issuance of common stock totaled $80,000. cash investing and d. Payment of a long-term note payable was $19,000. e. Payment of dividends was $9,000. f. From the balance sheets



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