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Required: Prepare a statement of cash flows for Business Solutions using the indirect method for...

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Accounting

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Required: Prepare a statement of cash flows for Business Solutions using the indirect method for the three months ended March 31,2022. Owner Santana Rey contributed $25,000 to the business in exchange for additional stock in the first quarter of 2022 and has recelved $4,800 in cash dividends. Note: Amounts to be deducted should be indicoted with o minus sign. Santana Rey, owner of Business Solutions, decides to prepare a statement of cash flows for her business using the following financial data. (1) Saved BUSINESS SOLUTIONS Statement of Cash Flows (Indirect) For Quarter Ended March 31, 2022 Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current assets and current liabilibes \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}

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