Computer Service and Repair was started five years ago by two college roommates. The company's comparative statements of financial position and statement of earnings are presented below, along with additional information. Current Year Prior Year Statement of Financial Position at December 31 Cash $ 4,070 $5,070 Accounts receivable 800 520 Prepaid expenses 200 60 Equipment 390 Accumulated depreciation. (60) 0 $ 5,400 $5,650 Wages payable $ 370 $1,200 Short-term note payable Contributed capital Retained earnings Statement of Earnings for Current Year 290 0 1,400 1,400 3,340 3,050 $ 5,400 $5,650 Service revenue Depreciation expense Salaries expense $36,000 60 31,000 Other expenses Net earnings 4,650 $ 290 Additional Data: 1. Prepaid expenses relate to rent paid in advance. 2. Other expenses were paid in cash. 3. Purchased equipment for $390 cash at the beginning of the current year and recorded $60 of depreciation expense at the end of the current year. 4. At the end of the current year, the company signed a short-term note payable to the bank for $290. Required: Prepare the operating activities section of the statement of cash flows for Computer Service and Repair using the indirect method. (Negative answers should be indicated by a minus sign.) Additional Data: 1. Prepaid expenses relate to rent paid in advance. 2. Other expenses were paid in cash. 3. Purchased equipment for $390 cash at the beginning of the current year and recorded $60 of depreciation expense at the end of the current year. 4. At the end of the current year, the company signed a short-term note payable to the bank for $290. Required: Prepare the operating activities section of the statement of cash flows for Computer Service and Repair using the indirect method. (Negative answers should be indicated by a minus sign.) Cash flows from operating activities-indirect method Add (deduct) to reconcile net earnings to net cash flow provided by operating activities: + Net cash flows used for operating activities $ 0