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					18,293
Total revenue					42,700
Cost of goods sold	$	14,952
Depreciation expenseOffice equipment		350
Depreciation expenseComputer equipment		1,250
Wages expense		2,250
Insurance expense		505
Rent expense		2,375
Computer supplies expense		1,245
Advertising expense		550
Mileage expense		240
Repairs expenseComputer		940
Total expenses					24,657
Net income				$	18,043

BUSINESS SOLUTIONS
Comparative Balance Sheets
December 31, 2017, and March 31, 2018
	Mar. 31, 2018				Dec. 31, 2017
Assets
Cash	$	83,327			$	56,022
Accounts receivable		23,667				5,368
Inventory		644				0
Computer supplies		2,075				550
Prepaid insurance		1,090				1,615
Prepaid rent		735				735
Total current assets		111,538				64,290
Office equipment		8,000				8,000
Accumulated depreciationOffice equipment		(700	)			(350	)
Computer equipment		19,100				19,100
Accumulated depreciationComputer equipment		(2,500	)			(1,250	)
Total assets	$	135,438			$	89,790
Liabilities and Equity
Accounts payable	$	0			$	1,120
Wages payable		935				510
Unearned computer service revenue		0				1,700
Total current liabilities		935				3,330
Equity
Common stock		113,000				79,000
Retained earnings		21,503				7,460
Total liabilities and equity	$	135,438			$	89,790

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 $4,000 in cash dividends. (Amounts to be deducted should be indicated with a minus sign.)