Aqua Products Company was started several years ago by two diving instructors. The company's comparative balance sheets and income statement are presented below, along information. Prepaid expenses relate to rent paid in advance. Other expenses were paid in cash. Purchased equipment for $320 cash at the end of Year 2 to be used starting in Year3. An owner contributed capital by paying $480 cash in exchange for the company's stock. aired: are the statement of cash flows for the year ended December 31, Year 2, using the indirect method points)