McKinley Corporation is preparing its annual financial statements at December 31, Year 1. Listed here are the items on its statement of cash flows presented in alphabetical order. Parentheses indicate that a listed amount should be subtracted on the cash flow statement. The beginning balance in cash was $8,325 and the ending balance was $16,650. Prepare the Year 1 statement of cash flows for McKinley Corporation. The section reporting cash flows from operating activities should be prepared using the indirect method