During a recent year (ended December 31, 2017), Nicoles Getaway Spa (NGS) reported net income of $2,820. The company reported the following activities:

1. Increase in inventories of $865.
2. Depreciation of $4,200.
3. Increase of $2,650 in prepaid expenses.
4. Payments of $5,700 on long-term debt.
5. Purchased new spa equipment for $7,690.
6. Payments on accounts payable exceeded purchases by $775.
7. Collections on accounts receivable exceeded credit sales by $902.
8. Issued $11,750 of common shares.

Required: Based on this information, prepare a statement of cash flows for the year ended December 31, 2017, using the indirect method. Assume the cash balance at December 31, 2016, was $8,450. (Amounts to be deducted should be indicated by a minus sign.)