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During a recent year, Nicole’s Getaway Spa (NGS) reported net income of $3,200. The company reported...

During a recent year, Nicole’s Getaway Spa (NGS) reported net income of $3,200. The company reported the following activities:
a. Increase in inventory of $300.
b. Depreciation of $2,000.
c. Increase of $2,070 in prepaid expenses.
d. Payments of $3,600 on long-term debt.
e. Purchased new spa equipment for $7,482.
f. Payments on accounts payable exceeded purchases by $220.
g. Collections on accounts receivable exceeded credit sales by $759.
h. Issued $12,000 of common stock.
Required:

Based on this information, prepare a statement of cash flows for the year ended December 31 using the indirect method. Assume the cash balance at the beginnin

Cash flow from operating activities

Changes in current assets and current liabilities

Cash flows from investing activities

Cash flows from financing activities

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