Question 7 of 1000 points the recent year, Nicole's Getaway Spa (NGs) reported net income of$2,750. The company reported following activities: a. Increase in inventory of $490. b. Depreciation of $3,900. c. Increase of $2,260 in prepaid expenses. d. Payments of $5,500 on long-term debt. e. Purchased new spa equipment for $7.672. f Payments on accounts payable exceeded purchases by $410. g. Collections on accounts receivable exceeded credit sales by $949. 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. the cash balance at the beginning of the year was $7,900. (Amounts to be deducted should be indicated with a minus sign.) COLES GETAWAY SPA Statement of Cash Flows For the Year Ended December 31 Cash Flows from Operating Activities changes in current Assets and current Liabiltes Cash Flow from Investing Activities