Required: Based on this information, prepare a statement of cash flows for the year ended De Assume the cash balance at the beginning of the year was $7,000. (Amounts to be minus sign.) NICOLE'S GETAWAY SPA Statement of Cash Flows For the Year Ended December 31 Cash Flows from Operating Activities Net Income Depreciation Changes in Current Assets and Current Liabilities Accounts Receivable 859 Inventory (400) Prepaid Expenses (2,170) Accounts Payable Cash Flow from Investing Activities $ 2,300 3,000 (320) 3,269 Purchased New Spa Equipment (7,582) (7,582) Cash Flow from Financing Activities Issued New Company Stock 10,000 Payments on Note Payable (long-term) (4,600) Cash Provided by Financing Activities Net Change in Cash Beginning Cash Ending Cash 5,400 0 $ 0