Required Using the direct method, prepare the operating activities section of the Year 5 statement of cash flows for Lamberson. Use the minus sign to indicate cash outflows, a decrease in cash or cash payments. LAMBERSON COMPANY Statement of Cash Flows For Year Ended December 31, Year 5 Operating Activities: Cash Inflows: Collections from customers Dividends collected Cash inflows from operating activities Cash Outflows: Payments to suppliers Payments to employees Payments of income taxes Cash outflows for operating activities Net cash provided by operating activities