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				$	24,407
Net sales					18,193
Total revenue					42,600
Cost of goods sold	$	14,452
Depreciation expenseOffice equipment		400
Depreciation expenseComputer equipment		1,240
Wages expense		2,550
Insurance expense		465
Rent expense		1,775
Computer supplies expense		1,265
Advertising expense		540
Mileage expense		230
Repairs expenseComputer		890
Total expenses					23,807
Net income				$	18,793

BUSINESS SOLUTIONS
Comparative Balance Sheets
December 31, 2017, and March 31, 2018
	Mar. 31, 2018				Dec. 31, 2017
Assets
Cash	$	82,437			$	55,542
Accounts receivable		24,467				5,268
Inventory		624				0
Computer supplies		2,025				490
Prepaid insurance		1,110				1,595
Prepaid rent		815				815
Total current assets		111,478				63,710
Office equipment		7,000				7,000
Accumulated depreciationOffice equipment		(800	)			(400	)
Computer equipment		19,300				19,300
Accumulated depreciationComputer equipment		(2,480	)			(1,240	)
Total assets	$	134,498			$	88,370
Liabilities and Equity
Accounts payable	$	0			$	1,140
Wages payable		945				570
Unearned computer service revenue		0				2,000
Total current liabilities		945				3,710
Equity
Common stock		111,000				77,000
Retained earnings		22,553				7,660
Total liabilities and equity	$	134,498			$	88,370

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 $34,000 to the business in exchange for additional stock in the first quarter of 2018 and has received $3,900 in cash dividends. (Amounts to be deducted should be indicated with a minus sign.)

BUSINESS SOLUTIONS
Statement of Cash Flows (Indirect)
For Quarter Ended March 31, 2018
Cash flows from operating activities
Adjustments to reconcile net income to net cash provided by operating activities
		$0
Cash flows from investing activities
Net cash used in investing activities
Cash flows from financing activities
		0
		$0
Cash balance at December 31, 2017
Cash balance at March 31, 2018		$0