Question: Please do not use ChatGPT it solves wrong. This is second time I am posting this question. Thank you. The accounting staff of Lambert Company

Please do not use ChatGPT it solves wrong. This is second time I am posting this question. Thank you.

The accounting staff of Lambert Company has assembled the following information for the year ended December 31 of the current year. Required: a. Prepare a statement of cash flows. Use the direct method of reporting cash flows from operating activities. b-1. Compute the amount of collections from customers. b-2. Compute the amount of cash paid to suppliers and employees. b-3. Compute the amount of proceeds from sales of plant assets. Complete this question by entering your answers in the tabs below. Prepare a statement of cash flows. Use the direct method of reporting cash flows from operating activities. (List any deduction in cash and cash outflows as negative amounts.) Complete this question by entering your answers in the tabs below. Prepare a statement of cash flows. Use the direct method of reporting cash flows from operating activities. (List any deduction in cash and cash outflows as negative amounts.)

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