Quest value 6.00 points During a recent year, Nicole's Getaway Spa (NGS) reported net income of $2.500. The company reported rg ile's Cetaay the following activities a. Increase in inventory of $440 b. Depreciation of $3,400 c. Increase of $2,210 in prepaid expenses d. Payments of $5,000 on long-term debt e. Purchased new spa equipment for $7,622 f Payments on accounts payable exceeded purchases by $360 Collections on accounts receivable exceeded credit sales by $899 h. Issued S11,000 of common stock Required: Based on this information, prepare a statement of indirect method Assume the cash balance at the beginning of the year was $7,400 (Amounts to be deducted should be indicated with a minus sign.) cash flows for the year ended December 31 using the 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 Cash Flow from Investing Activities Cash Flow from Financing Activities O Type here to search