Current year vs prior year

Computer service and repair
Statement of cash flows
For the year ended December 31, current year
Cash flows from operating activities:
Net income
Adjustments to reconcile net income to net cash provided by operating activities:
Cash flows from investing activities:
Cash flows from financing activities:
	$

Computer Service and Repair was started five years ago by two college roommates. The con information. Curr Balance Sheet t December 31 Cash Accounts receivable Prepaid expenses Equipment Accmulated depreciation $ 4,020 800 200 390 60 $ 5,350 $ 5,070 520 60 $ 5,650 $ 1.200 Wages payable Short-term note payable Common stock Retained earnings 240 1,400 3,340 1,400 3,050 S 5,650 Income Statement for Current Year Service revenue Depreciation expense Salaries expense Other expenses Net income $36,000 60 31,000 4.650 S 290 Additional Data a Prepaid expenses relate to rent paid in advance b Other expenses were paid in cash c. Purchased equipment for $390 cash at the beginning of the current year and recorded $60 of d. At the end of the current year, the company signed a short-term note payable to the bank fo Required: Prepare the siatement of cash flows for the year ended December 31 currenty