Dive In Company was started several years ago by two diving instructors. The companys comparative balance sheets and income statement are presented below.

	Current Year				Previous Year
Balance Sheet at December 31
Cash	$	3,480			$	4,290
Accounts Receivable		1,200				600
Prepaid Rent		120				60
Total Assets	$	4,800			$	4,950
Salaries and Wages Payable	$	450			$	1,300
Common Stock		1,400				1,100
Retained Earnings		2,950				2,550
Total Liabilities and Stockholders Equity	$	4,800			$	4,950
Income Statement
Service Revenue	$	36,150
Salaries and Wages Expense		32,000
Rent and Office Expenses		3,750
Net Income	$	400

Additional Data:

1. Rent is paid in advance each month, and Office Expenses are paid in cash as incurred.
2. An owner contributed capital by paying $300 cash in exchange for the companys 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.)