200 100 Dive In Company was started several years ago by two diving Instructors. The company's comparative balance sheets and income statement are presented below. Previous Current Year Year Balance Sheet at December 31 Cash $ 4,600 $5,450 Accounts Receivable 2,888 1,800 Prepaid Rent Total Assets $ 6,800 $ 6,550 Salaries and Wages Payable $ 850 $ 2,188 Common stock 2,200 1,500 Retained Earnings 3,750 2,950 Total Liabilities and stockholders' Equity $ 6,800 $ 6,55 Income statement Service Revenue $ 44,950 Salaries and Wages Expense 40,000 Rent and Office Expenses 4,150 Net Income $ 800 Additional Data: a. Rent is paid in advance each month, and Office Expenses are paid in cash as incurred. b. An owner contributed capital by paying $700 cash in exchange for the company's stock. Required: 1. Prepare the statement of cash flows for the current year ended December 31 using the Indirect method. (Amounts to be deducted should be indicated by a minus sign.) DIVE IN COMPANY Statement of Cash Flows For the Year Ended December 31 Cash Flows from Operating Activities: Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Cash Flows Used in Investing Activities: Cash Flows from Financing Activities