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 Net sales $24,507 18,593 Total revenue Cost of goods sold Depreciation expense-Office equipment Depreciation expense-Computer equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Repairs expense-Computer 43,100 $14,352 400 1,230 2,850 525 1,675 1,265 560 270 910 Total expenses 24,037 Net income $19,063