During a recent year, Nicole's Getaway Spa (NGS) reported net income of $3,000. The company reported the following activities: a. Increase in inventory of $360. b. Depreciation of $2,600. c Increase of $2,130 in prepaid expenses. d. Payments of $4,200 on long-term debt. e. Purchased new spa equipment for $7,542 f Payments on accounts payable exceeded purchases by $280. g. Collections on accounts receivable exceeded credit sales by $819. h. Issued $12,000 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 $6,600 (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