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The 2021 and 2020 balance sheets of Wilson Corporation follow. The 2021 income statement is also provided. Wilson had no noncash investing and financing transactions during 2021. During the year, the company sold equipment for $15,300, which had originally cost $12,900 and had a book value of $11,100. The company did not issue any notes payable during the year but did issue common stock for $29,000. The company purchased plant assets and long-term investments with cash. (Click the icon to view the income statement.) (Click the icon to view the balance sheets.) Requirements Requirements 1. Prepare the statement of cash flows for Wilson Corporation for 2021 using the indirect method. 2. Evaluate the company's cash flows for the year. Discuss each of the categories of cash flows in your response. Income Statement 1uauale;s auou! Requirement 1. Prepare the statement of cash flows for Wilson Corporation for 2021 using the indirect method. Prepare the statement one section at a time. (Use parentheses or a minus sign for numbers to be subtracted or for a net cash outllow). Adjustments to reconcile net income to cash basis: Investing Activities: Net cash provided by (used for) investing activities Financing Activities: Net cash provided by (used for) financing activities Net increase (decrease) in cash Cash, beginning of the year Cash, end of the year Requirement 2. Evaluate the company's cash flows for the year. Discuss each of the categonies of cash flows in your response. Wison Corporation's cash flows look They had provided by operating activities. The investing activities some cash. These activities included The financing activities cash and The corporation also Done Balance Sheets Balance Sheets