During a recent year, Nicole's Getaway Spa (NGS) reported net income of $2,300. The company reported the following activities: a. Increase in inventory of $400. b. Depreciation of $3,000. c. Increase of $2.170 in prepaid expenses. d. Payments of $4,600 on long-term debt. e. Purchased new spa equipment for $7,582. f. Payments on accounts payable exceeded purchases by $320. g. Collections on accounts recelvable exceeded credit sales by $859. 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 $7,000. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows For the Year Ended December 31