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Sartand Rey, owner of Business Solutians, decides to prepare a statement of cash nows for her business using the following thanclol data. Prepare a statement
Sartand Rey, owner of Business Solutians, decides to prepare a statement of cash nows for her business using the following thanclol data. Prepare a statement of cash flows for Business Solutions using the indirect method for the three months ended March 31,2022 . Owner Santana Rey contributed $27,000 to the business in exchange for additional stock in the first quarter of 2022 and has received $3.900 in cash dividends. (Amounts to be deducted should be indicated with a minus sign.) Santana Rey, owner of Business Solutions, decides to prepare a statement of cash flows for he data. BUSINESS SOLUTIONS Comparative Balance Sheets March 31, December 31, 20222821 Assets Cash Accounts receivable Inventory Computer supplies Prepaid insurance Prepaid rent Total current assets office equipment Accumulated depreciation-0ffice equipment Computer equipment Accumulated depreciation-Computer equipment Total assets Liabilities and Equity Accounts payable Wages payable Unearned computer service revenue Total current liabilities Equity Common stock Retained earnings Total liabilities and equity $79,48723,567$58,9624,768 \begin{tabular}{rr} 684 & \\ 2,965 & 53 \\ 1,11 & 1,615 \\ 885 & 895 \\ \hline 17,718 & 65,789 \\ 7,49 & 7,49 \end{tabular} (748)(37) \begin{tabular}{rr} 19,50 & 19,59 \\ (2,49) & (1,20) \\ \hline$131,478 & $91,11 \\ \hline \hline \end{tabular} \begin{tabular}{rr} S & $1,13 \\ 925 & 52 \\ & 1,8 \\ \hline 925 & 3,45 \end{tabular} \begin{tabular}{rr} 107,09 & 8,9 \\ 23,553 & 7,66 \\ \hline$131,478 & $91,11 \\ \hline \end{tabular} Required: Prepare a statement of cash flows for Business Solutions wsing the indirect method for the three months ended March 31,2022. Owner Santana Rey contributed $27,000 to the business in exchange for additional stock in the first quarter of 2022 and has received $3.900 in cash dividends. (Amounts to be deducted should hn indieated whth m minu eines
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