Sof Touch Company was started soveral years ago by fwo goif instructors. The company's comparative balance sheets and income stotement are presented below, along with additional information. Additional Data: a. Bought new goll clubs using cash, $2,000 b. Borrowed $1,200cash from the bank during the year. c. Accounts Payable includes only purchases of services made on credit for operating purposes. Because thete are no lisbility accounts reiating 10 income tak, assume that Income Tax Expense was fully paid in cash 1. Prepare the statement of cash flows for the current year ended December 31 using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) For the Year Ended Docember 31 Cash Flows from Operating Activities: Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities