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, 2022 Computer services revenue Net sales $ 24,807 18,093 Total revenue 42,900 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 Assets Cash Accounts receivable Inventory Computer supplies Prepaid insurance Prepaid rent $14,952 400 1,210 2,650 465 2,075 1,245 580 250 920 24,747 $ 18,153 BUSINESS SOLUTIONS Comparative Balance Sheets 2022 March 31, December 31, 2021 Computer equipment Total current assets Office equipment Accumulated depreciation-office equipment Accumulated depreciation-Computer equipment Total assets Liabilities and Equity Accounts payable Wages payable Unearned computer service revenue Total current liabilities Equity Common stock Retained earnings Total liabilities and equity $ 76,897 24,067 614 $53,152 5,368 0 2,005 1,050 725 105,358 520 1,565 725 61,330 7,400 (800) 7,400 (400) 19,100 (2,420) 19,100 (1,210) $128,638 $ 86,220 $0 $ 1,130 925 530 e 925 1,600 3,260 106,000 21,713 75,000 7,960 $128,638 $ 86,220