Adria Lopez, owner of Success Systems, decides to prepare a statement of cash flows for her business. (Although the serial problem allowed for various ownership changes in earlier chapters, we will prepare the statement of cash flows using the following financial data.)

SUCCESS SYSTEMS
Income Statement
For Three Months Ended March 31, 2014
Computer services revenue				$	25,307
Net sales					17,793
Total revenue					43,100
Cost of goods sold	$	14,852
Depreciation expenseOffice equipment		380
Depreciation expenseComputer equipment		1,150
Wages expense		2,250
Insurance expense		465
Rent expense		2,075
Computer supplies expense		1,285
Advertising expense		550
Mileage expense		290
Repairs expenseComputer		920
Total expenses					24,217
Net income				$	18,883

SUCCESS SYSTEMS
Comparative Balance Sheets
December 31, 2013, and March 31, 2014
	2014				2013
Assets
Cash	$	79,217			$	53,472
Accounts receivable		24,067				5,168
Merchandise inventory		674				0
Computer supplies		2,015				560
Prepaid insurance		1,080				1,635
Prepaid rent		805				805
Office equipment		7,500				7,500
Accumulated depreciationOffice equipment		(760	)			(380	)
Computer equipment		20,000				20,000
Accumulated depreciationComputer equipment		(2,300	)			(1,150	)
Total assets	$	132,298			$	87,610
Liabilities and Equity
Accounts payable	$	0			$	1,180
Wages payable		955				570
Unearned computer service revenue		0				2,300
Common stock		109,000				76,000
Retained earnings		22,343				7,560
Total liabilities and equity	$	132,298			$	87,610

Required:

Prepare a statement of cash flows for Success Systems using the indirect method for the three months ended March 31, 2014. Recall that the owner Adria Lopez contributed $33,000 to the business in exchange for additional stock in the first quarter of 2014 and has received $4,100 in cash dividends. (Amounts to be deducted should be indicated with a minus sign.)