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, 2020
Computer services revenue				$	24,307
Net sales					18,093
Total revenue					42,400
Cost of goods sold	$	14,152
Depreciation expenseOffice equipment		320
Depreciation expenseComputer equipment		1,150
Wages expense		2,450
Insurance expense		545
Rent expense		1,775
Computer supplies expense		1,265
Advertising expense		590
Mileage expense		270
Repairs expenseComputer		890
Total expenses					23,407
Net income				$	18,993

BUSINESS SOLUTIONS
Comparative Balance Sheets
December 31, 2019, and March 31, 2020
	Mar. 31, 2020						Dec. 31, 2019
Assets
Cash		$	72,397					$	51,872
Accounts receivable			23,867						5,268
Inventory			654						0
Computer supplies			2,025						580
Prepaid insurance			1,020						1,665
Prepaid rent			795						795
Total current assets			100,758						60,180
Office equipment			7,900						7,900
Accumulated depreciationOffice equipment			(640	)					(320	)
Computer equipment			19,900						19,900
Accumulated depreciationComputer equipment			(2,300	)					(1,150	)
Total assets		$	125,618					$	86,510
Liabilities and Equity
Accounts payable		$	0					$	1,150
Wages payable			965						600
Unearned computer service revenue			0						1,600
Total current liabilities			965						3,350
Equity
Common stock			102,000						75,000
Retained earnings			22,653						8,160
Total liabilities and equity		$	125,618					$	86,510

Required: Prepare a statement of cash flows for Business Solutions using the indirect method for the three months ended March 31, 2020. Owner Santana Rey contributed $27,000 to the business in exchange for additional stock in the first quarter of 2020 and has received $4,500 in cash dividends. (Amounts to be deducted should be indicated with a minus sign.)