E12-20A The income statement and additional data of Newton Travel Products , Inc ., follow :
Requirements
1 . Prepare Newton Travel Products ' s statement of cash flows for the year ended December 31 , 2014 , using the indirect method . 2 . Evaluate Noel ' cash flows for the year . In your evaluation , mention all three categories of cash flows and give the reason for your evaluation .
Requirement 1 . Prepare Newton ' s statement of cash flows for the year ended December 31 , 2014 , using the indirect method . Start by completing the cash flows from operating activities . Then complete each section of the statement of cash flows , including the noncash investing and financing activities . (
Newton Travel Products , Inc .
Income Statement
Year Ended December 31 , 2014
Requirement 2 . Evaluate Newton ' s cash flows for the year . In your evaluation , mention all three categories of cash flows and give the reason for your evaluation . Newton ' s . =================================================