(what i have so far)

Santana Rey, owner of Business Solutions, decides to prepare a statement of cash flows for her business using the following financial data. $24,407 18,393 42,800 BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2018 Computer services revenue Net sales Total revenue Cost of goods sold $14,652 Depreciation expense-Office equipment 340 Depreciation expense-Computer equipment 1,150 Wages expense 2,950 Insurance expense 485 Rent expense 2,275 Computer supplies expense 1,235 Advertising expense 540 Mileage expense 290 Repairs expense-Computer 930 Total expenses Net income 24,847 $17,953 Dec. 31, 2017 BUSINESS SOLUTIONS Comparative Balance Sheets December 31, 2017, and March 31, 2018 Mar. 31, 2018 Assets Cash $ 75,507 Accounts receivable 24,467 Inventory 684 Computer supplies 2,105 Prepaid insurance 1,040 Prepaid rent 775 Total current assets 104,578 office equipment 7,000 Accumulated depreciation office equipment (680) Computer equipment 20,000 Accumulated depreciation-Computer equipment (2,300) Total assets $ 128,598 Liabilities and Equity Accounts payable $ 0 Wages payable 885 Unearned computer service revenue 0 Total current liabilities 885 Equity Common stock 107,000 Retained earnings 20,713 Total liabilities and equity $ 128,598 $ 54,722 4,868 0 570 1,655 775 62,590 7,000 (340) 20,000 (1,150) $ 88,100 $ 1,180 560 2,000 3,740 77,000 7,360 $ 88,100 Required: Prepare a statement of cash flows for Business Solutions using the indirect method for the three months ended March 31, 2018. Owner Santana Rey contributed $30,000 to the business in exchange for additional stock in the first quarter of 2018 and has received $4,600 in cash dividends. (Amounts to be deducted should be indicated with minus sign.) BUSINESS SOLUTIONS Statement of Cash Flows (Indirect) For Quarter Ended March 31, 2018 Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities Depreciation expense-Office equipment Depreciation expense-Computer equipment Increase accounts receivable Increase in inventory Increase in computer supplies Decrease in prepaid insurance Decrease in accounts payable Increase wages payable Decrease in unearned computer service revenue $ 0 Cash flows from investing activities Net cash used in investing activities Cash flows from financing activities Cash paid for dividends Cash received from stock issuance 0 $ 0 Cash balance at December 31, 2017 Cash balance at March 31, 2018 $ 0