Santana Rey, owner of Business Solutions, decides to prepare a statement of cash flows for her business using the following financial data $24,807 18,593 43, 4ee $14,452 BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 Computer services revenue Net sales Total revenue Cost of goods sold Depreciation expense-Office equipment Depreciation expense-Computer equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Repairs expense-Computer Total expenses Net income 400 1,240 465 $ 18,733 BUSINESS SOLUTIONS Comparative Balance Sheets December 31, 2019, and March 31, 2020 Mar. 31, 2020 Dec 31, 2019 $82,887 24,467 $58,002 4,868 Assets Cash Accounts receivable Inventory Computer supplies Prepaid insurance Prepaid rent Total current assets Office equipment 0 1,655 2,075 1,10 805 111,888 7.900 305 65,870 7.900