Dive In Company was started several years ago by two diving instructors. The company's comparative balance sheets and income statement, as well as additional information, are presented below. Current Year Previous Year Balance Sheet at December 31 Cash Accounts Receivable Prepaid Rent Total Assets Salaries and Wages Payable Common Stock Retained Earnings Total Liabilities and Stockholders' Equity Income Statement Service Revenue Salaries and Wages Expense Rent and Office Expenses $ 4,740 2,100 210 $ 7,050 $ 900 2,300 3,850 $ 5,595 1,050 105 $ 6,750 $ 2,200 1,550 3,000 $ 6,750 $ 7,050 $ 46,050 41,000 4,200 Net Income $ 850 Additional Data: a. Rent is paid in advance each month, and Office Expenses are paid in cash as incurred. b. An owner contributed capital by paying $750 cash in exchange for the company's stock. Required: 1. Prepare the statement of cash flows for the current year ended December 31 using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) DIVE IN COMPANY