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				$	25,107
Net sales					18,293
Total revenue					43,400
Cost of goods sold	$	14,752
Depreciation expenseOffice equipment		340
Depreciation expenseComputer equipment		1,220
Wages expense		2,250
Insurance expense		545
Rent expense		1,675
Computer supplies expense		1,285
Advertising expense		600
Mileage expense		230
Repairs expenseComputer		860
Total expenses					23,757
Net income				$	19,643

BUSINESS SOLUTIONS
Comparative Balance Sheets
December 31, 2019, and March 31, 2020
	Mar. 31, 2020						Dec. 31, 2019
Assets
Cash		$	83,327					$	58,062
Accounts receivable			24,267						5,568
Inventory			614						0
Computer supplies			2,035						490
Prepaid insurance			1,070						1,615
Prepaid rent			755						755
Total current assets			112,068						66,490
Office equipment			7,900						7,900
Accumulated depreciationOffice equipment			(680	)					(340	)
Computer equipment			19,800						19,800
Accumulated depreciationComputer equipment			(2,440	)					(1,220	)
Total assets		$	136,648					$	92,630
Liabilities and Equity
Accounts payable		$	0					$	1,180
Wages payable			945						590
Unearned computer service revenue			0						1,800
Total current liabilities			945						3,570
Equity
Common stock			112,000						81,000
Retained earnings			23,703						8,060
Total liabilities and equity		$	136,648					$	92,630

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 $31,000 to the business in exchange for additional stock in the first quarter of 2020 and has received $4,000 in cash dividends. (Amounts to be deducted should be indicated with a minus sign.)