can you also show me the numbers as well. Thank you
2 Serial Problem Business Solutions (Indirect) LO P2, P3 Santana Rey, owner of Business Solutions decides to prepare a statement of cash flows for her business usin data Book $24,607 10.893 42,700 BUSINESS SOLUTIONS Inco Statement For Three Months Ended March 31, 2020 Computer services revenue Net tales Total revende Cost of goods sold Depreciation expense-office equipent Depreciation expense-Computer equipment Wages expense Insurance expense Rent expense Computer supplies expose Advertising expense Mileage expense Repairs expense-computer Total expenses Net Income 314,152 36 1,230 2,75e 535 2,075 Print 606 310 870 oference 24, 177 519,523 Dec 31, 2019 BUSINESS SOLUTIONS Comparative Balance Sheets December 31, 2019, and March 31, 2020 Mar 31, 2020 Assets Cash 5 73,767 Accounts receivable 24.567 Inventory 614 Computer supplies 2,055 Prepaid insurance 1.060 Prepaid rent 755 Total current assets 102,810 office equipment 7.900 Accumulated depreciation office equipment (720) Computer equipment 19,000 Accumulated depreciation Computer equipment (2,400) Total assets 5126,538 Liabilities and Equity Accounts payable $ Wages payable 955 Uncanned computer service revenu Total current liabilities 955 Equity Gonnon stock 100,000 Retained earning 22.503 total liabilities and equity $126,538 550, 582 5,468 0 490 1,035 755 64,930 7.900 (360) 19, eee (4.238) 590,246 $ 1.100 000 2.300 4,00 70,000 2,160 390,240 Required: Prepare a statement of cash flows for Business Solutions using the Indiect method for the three months ended Owner Santana Rey contributed $25,000 to the business in exchange for additional stock in the first quarter of 2 $4100 in cash dividends (Amounts to be deducted should be indicated with a minus sign) You skipped this que 2 955 4,000 Unearned computer service revenue Total current liabilities Equity Common stock Retained earnings Total liabilities and equity 103,00 22,583 $126,533 79,00 8,16e $99,240 15 point Required: Prepare a statement of cash flows for Business Solutions using the direct method for the three months ended March 31, 2020, Owner Santana Rey contributed $25,000 to the business in exchange for additional stock in the first quarter of 2020 and has received $4100 in cash dividends (Amounts to be deducted should be indicated with a minus sign.) Book BUSINESS SOLUTIONS Statement of Cash Flows (indirect) For Quarter Ended March 31, 2020 Cash flows from operating actives Print Adjustments to reconcile net income to net cash provided by operating activities References $ 0 Cash flows from investing activities Ner cash used in investing activities Cash Tows from financing activities 5 0 Cash balance at December 31, 2019 Cash balance at March 31, 2020 5 D
