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					18,493
Total revenue					43,600
Cost of goods sold	$	14,852
Depreciation expenseOffice equipment		350
Depreciation expenseComputer equipment		1,230
Wages expense		2,450
Insurance expense		495
Rent expense		2,075
Computer supplies expense		1,255
Advertising expense		550
Mileage expense		270
Repairs expenseComputer		890
Total expenses					24,417
Net income				$	19,183

BUSINESS SOLUTIONS
Comparative Balance Sheets
December 31, 2019, and March 31, 2020
	Mar. 31, 2020						Dec. 31, 2019
Assets
Cash		$	82,977					$	61,892
Accounts receivable			24,367						4,768
Inventory			694						0
Computer supplies			2,095						520
Prepaid insurance			1,110						1,595
Prepaid rent			765						765
Total current assets			112,008						69,540
Office equipment			7,300						7,300
Accumulated depreciationOffice equipment			(700	)					(350	)
Computer equipment			19,500						19,500
Accumulated depreciationComputer equipment			(2,460	)					(1,230	)
Total assets		$	135,648					$	94,760
Liabilities and Equity
Accounts payable		$	0					$	1,140
Wages payable			905						560
Unearned computer service revenue			0						2,100
Total current liabilities			905						3,800
Equity
Common stock			112,000						83,000
Retained earnings			22,743						7,960
Total liabilities and equity		$	135,648					$	94,760

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 $29,000 to the business in exchange for additional stock in the first quarter of 2020 and has received $4,400 in cash dividends. (Amounts to be deducted should be indicated with a minus sign.)