HELP PLEASE

The 2024 income statement and comparative balance sheet of Cobbs Hill, Inc. follow. (Click the icon to view the income statement.) (Click the icon to view the comparative balance sheot) Data table Liabilities Current Liabilities: Accounts Payable Accrued Liabilities Long-term Liabilities: Notes Payable Total Liabilities Stockholders' Equity Common Stock, no par Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity $237,600$271,300 Data table Total Other Income and (Expenses) Net Income Before Income Taxes Income Tax Expense Net Income 115,200(13,800)19,500$95,700 Requirements 1. Prepare the 2024 statement of cash flows, formatting operating activities by the indirect method 2. How will what you learned in this problem help you evaluate an investment? More info Additionally, Cobbs Hill purchased land of $26,800 by financing it 100% with long-term notes payable during 2024. During the year, there were no sales of land, no retirements of stock, and no treasury stock transactions. A plant asset was disposed of for $0. The cost and accumulated depreciation of the disposed asset was $12,630. The plant acquisition was for cash