Shallow Waters Company was started several years ago by two diving Instructors. The company's comparatlve balance sheets and Income statement are presented below, along with additional Information. Adoltional Data: a. Prepald expenses relate to rent pald in advance. b. Other expenses were paid In cash. c. Purchased equlpment for $500 cash at the end of the current year to be used starting in the following year. d. An owner contrlbuted capltal by paylng $600 cash in exchange for the company's stock. Required: Prepare the statement of cash flows for the year ended December 31 , current year, using the Indirect method. Note: List cash outflows as negative amounts