Santana Rey, owner of Business Solutions, decides to prepare a statement of cash flows for her business using the following financial data.

BUSINESS SOLUTIONS
Income Statement
For Three Months Ended March 31, 2018
Computer services revenue				$	25,307
Net sales					18,093
Total revenue					43,400
Cost of goods sold	$	14,352
Depreciation expenseOffice equipment		380
Depreciation expenseComputer equipment		1,200
Wages expense		3,150
Insurance expense		515
Rent expense		1,875
Computer supplies expense		1,225
Advertising expense		520
Mileage expense		280
Repairs expenseComputer		860
Total expenses					24,357
Net income				$	19,043

BUSINESS SOLUTIONS
Comparative Balance Sheets
December 31, 2017, and March 31, 2018
	Mar. 31, 2018				Dec. 31, 2017
Assets
Cash	$	78,127			$	52,122
Accounts receivable		23,867				4,868
Inventory		664				0
Computer supplies		2,015				520
Prepaid insurance		1,110				1,645
Prepaid rent		725				725
Total current assets		106,508				59,880
Office equipment		7,900				7,900
Accumulated depreciationOffice equipment		(760	)			(380	)
Computer equipment		19,600				19,600
Accumulated depreciationComputer equipment		(2,400	)			(1,200	)
Total assets	$	130,848			$	85,800
Liabilities and Equity
Accounts payable	$	0			$	1,190
Wages payable		945				550
Unearned computer service revenue		0				1,800
Total current liabilities		945				3,540
Equity
Common stock		107,000				74,000
Retained earnings		22,903				8,260
Total liabilities and equity	$	130,848			$	85,800

Required: Prepare a statement of cash flows for Business Solutions using the indirect method for the three months ended March 31, 2018. Owner Santana Rey contributed $33,000 to the business in exchange for additional stock in the first quarter of 2018 and has received $4,400 in cash dividends. (Amounts to be deducted should be indicated with a minus sign.)