Using income statement and comparative balance sheet, prepare an indirect statement of cash flows.

Income Statement For Three Months Ended March 31, 2012 Computer services revenue 24,407 17,893 Net sales 42,300 Total revenue Cost of goods sold Depreciation expense-Office equipment Depreciation expense-Computer $14,152 340 1,200 equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Repairs expense Computer 2,650 485 1,475 1,255 540 270 860 23,227 Total expenses 19,073 Net income