Which of the following is the final step in preparing a spreadsheet (work sheet) for the statement of cash flows using the indirect method?

1. Add the Debit and Credit Transactions columns and verify that the totals are equal.
2. Analyze all noncash accounts and enter the net increase (decrease) in cash during the period.
3. Add the Balance column totals, which should total to zero.
4. After all noncash accounts have been analyzed, enter the net increase (decrease) in cash during the period.