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				$	24,507
Net sales					18,393
Total revenue					42,900
Cost of goods sold	$	14,552
Depreciation expenseOffice equipment		310
Depreciation expenseComputer equipment		1,240
Wages expense		2,350
Insurance expense		475
Rent expense		1,575
Computer supplies expense		1,285
Advertising expense		570
Mileage expense		220
Repairs expenseComputer		950
Total expenses					23,527
Net income				$	19,373

BUSINESS SOLUTIONS
Comparative Balance Sheets
December 31, 2019, and March 31, 2020
	Mar. 31, 2020						Dec. 31, 2019
Assets
Cash		$	75,447					$	56,472
Accounts receivable			24,167						4,768
Inventory			704						0
Computer supplies			2,045						530
Prepaid insurance			1,050						1,645
Prepaid rent			775						775
Total current assets			104,188						64,190
Office equipment			7,300						7,300
Accumulated depreciationOffice equipment			(620	)					(310	)
Computer equipment			19,900						19,900
Accumulated depreciationComputer equipment			(2,480	)					(1,240	)
Total assets		$	128,288					$	89,840
Liabilities and Equity
Accounts payable		$	0					$	1,150
Wages payable			955						530
Unearned computer service revenue			0						1,700
Total current liabilities			955						3,380
Equity
Common stock			105,000						79,000
Retained earnings			22,333						7,460
Total liabilities and equity		$	128,288					$	89,840

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 $26,000 to the business in exchange for additional stock in the first quarter of 2020 and has received $4,500 in cash dividends. (Amounts to be deducted should be indicated with a minus sign.)