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.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 $$1,000$ cash in exchange for the company's stock.

Required:

Prepare the statement of cash flows for the current year ended December $31$ using the direct method. $($Amounts to be deducted

should be indicated by a minus sign.$)$