Santana Rey, owner of Business Solutions, decides to prepare a statement of cash flows for her business using the following financial data.

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

Thanks in advance, you all are the best!

$24,707 18, 393 43,100 BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 Computer services revenue Net sales Total revenue Cost of goods sold $14,152 Depreciation expense-Office equipment 380 Depreciation expense-Computer equipment 1,180 Wages expense 2,350 Insurance expense 465 Rent expense 1,775 Computer supplies expense 1,215 Advertising expense 530 Mileage expense 320 Repairs expense-Computer 920 Total expenses Net income 23,287 $19,813 BUSINESS SOLUTIONS Comparative Balance Sheets December 31, 2019, and March 31, 2020 Mar. 31, 2020 Dec. 31, 2019 Assets Cash $ 76,817 $53,152 Accounts receivable 24,267 5,468 Inventory 674 0 Computer supplies 2,085 510 Prepaid insurance 1,060 1,575 Prepaid rent 745 745 Total current assets 105,648 61,450 Office equipment 7,900 7,900 Accumulated depreciation-office equipment (760) (380) Computer equipment 19,300 19,300 Accumulated depreciation-Computer equipment (2,360) (1,180) Total assets $129,728 $87,090 Liabilities and Equity Accounts payable 0 $ 1,130 Wages payable 955 500 Unearned computer service revenue 0 1,500 Total current liabilities 955 3,130 Equity Common stock 105,000 76,000 Retained earnings 23,773 7,960 Total liabilities and equity $129,728 $87,090