Heads Up Company was started several yeors ago by two hockey instructors. The company's comparative balance sheets and income statement follow, along with additional informatoon Huditionel Dats: a. Bought new hockey equipment for cash, $540 b. Borrowed $1,000 cash from the bank during the year. c Accounts Payable includes onty purchases of services made on credit for operating purposes. Because there are no liablity accounts relating to income tax, assume that this expense was fully paid in cash. Requlred: 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 with a minus slgn.) Additional Date: a. Bought new hockey equipment for cash, $540. b. Borrowed $1,000 cash from the bank during the yeat. c. Accounts Payable includes only purchases of services made on credit for operating purposes. Because there are no liability occounts relating to income tax, assume that this expense was fully pald in cash 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 indlcated with a minus sign.)