Required information [The following information applies to the questions displayed below.] Portions of the financial statements for Parnell Company are provided below. Required: Prepare the cash flows from operating activities section of the statement of cash flows for Parnell Company using the direct method. (Enter your answers in thousands (i.e., 5,000 should be entered as 5 ). Amounts to be deducted should be indicated with a minus sign.) 2. Prepare the cash flows from operating activities section of the statement of cash flows for Parnell Company using the indirect method. (Enter your answers in thousands (i.e., 5,000 should be entered as 5). Amounts to be deducted should be indicated with a minus sign.) 
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