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				$	24,707
Net sales					18,093
Total revenue					42,800
Cost of goods sold	$	14,352
Depreciation expenseOffice equipment		310
Depreciation expenseComputer equipment		1,250
Wages expense		2,250
Insurance expense		535
Rent expense		1,775
Computer supplies expense		1,275
Advertising expense		550
Mileage expense		300
Repairs expenseComputer		900
Total expenses					23,497
Net income				$	19,303

BUSINESS SOLUTIONS
Comparative Balance Sheets
December 31, 2019, and March 31, 2020
	Mar. 31, 2020						Dec. 31, 2019
Assets
Cash		$	84,727					$	59,952
Accounts receivable			23,967						5,268
Inventory			604						0
Computer supplies			2,025						570
Prepaid insurance			1,090						1,585
Prepaid rent			735						735
Total current assets			113,148						68,110
Office equipment			7,300						7,300
Accumulated depreciationOffice equipment			(620	)					(310	)
Computer equipment			19,700						19,700
Accumulated depreciationComputer equipment			(2,500	)					(1,250	)
Total assets		$	137,028					$	93,550
Liabilities and Equity
Accounts payable		$	0					$	1,120
Wages payable			965						570
Unearned computer service revenue			0						2,300
Total current liabilities			965						3,990
Equity
Common stock			113,000						82,000
Retained earnings			23,063						7,560
Total liabilities and equity		$	137,028					$	93,550

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 $3,800 in cash dividends. (Amounts to be deducted should be indicated with a minus sign.)