During a recent year, Nicole's Getaway Spa (NGS) reported net income of $2,750. The company reported the following activities: a. Increase in inventory of $490. b. Depreciation of $3,900. c. Increase of $2,260 in prepaid expenses. d. Payments of $5,500 on long-term debt. e. Purchased new spa equipment for $7,672. f. Payments on accounts payable exceeded purchases by $410. g. Collections on accounts receivable exceeded credit sales by $949. h. Issued $10,000 of common stock. Required: Based on this information, prepare a statement of cash flows for the year ended December 31 using the indirect method. Assume the cash balance at the beginning of the year was $7,900. (Amounts to be deducted should be indicated with a minus sign.) NICOLE'S GETAWAY SPA Statement of Cash Flows For the Year Ended December 31 Cash Flows from Operating Activities Changes in Current Assets and Current Liabilities