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 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 $25,007 18,593 43,600 $14,952 330 1,190 3,050 515 1,575 1,215 580 240 880 24,527 Net income $19,073 BUSINESS SOLUTIONS Comparative Balance Sheets December 31, 2017, and March 31, 2018 Mar. 31, Dec. 31, 2018 2017 Assets Cash Accounts receivable Inventory Computer supplies Prepaid insurance Prepaid rent Total current assets office equipment Accumulated depreciation-office equipment Computer equipment Accumulated depreciation-Computer equipment Total assets $ 82,937 $56,382 5,368 23,667 694 2,085 1,060 745 111,188 7,300 570 1,625 745 64,690 7,300 (660) (330) 19,300 2,380) (,190 $134,748 $89,770 19,300 Liabilities and Equity Accounts payable Wages payable Unearned computer service revenue Total current liabilities Equity Common stock Retained earnings 915 0 915 0 1,140 570 1,500 3,210 79,000 7,560 $134,748 89,770 112,000 21,833 Total liabilities and equity