Santana Rey, owner of Business Solutions, decides to prepare a statement of cash flows for her buslness. BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2012 24,607 17,793 42,400 Computer services revenue Net sales Total revenue Cost of goods sold Depreclation expense-Office equipment Depreclation expense-Computer $14,352 360 1,230 equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Repalrs expense-Computer 2,650 505 2,075 1,235 510 270 910 24,097 Total expenses 18,303 Net Income