Please answer this question:

Accounts Payable Salaries and Wages Payable Net cash provided by operating activities Cash Flows from Investing Activities: Purchase of New Hockey Equipment Net cash used in investing activities Cash Flows from Financing Activities: Borrowed Cash from the bank Net cash provided by financing activities Net Increase in Cash and Cash Equivalents Cash, beginning of year Cash, end of year Based on the given information from PA12-4 (pp.603-604) in your textbook, complete the following Statement of Cash Flows using the Indirect Method Notes: -place negative amounts or balances in parentheses/brackets. Example: (100) -when entering the amounts or balances, omit or do not include the dollar sign and penny value or decimal point -use comma to separate numbers/amounts/balances greater than 999. Example: 1,850 PA12-4 Preparing and Interpreting a Statement of Cash Flows (Indirect Method) Heads Up Company was started several years ago by two hockey instructors. The company's comparative balance sheets and income statement follow, along with additional information. Additional Data: a. Bought new hockey equipment for cash, $500. b. Borrowed $1,200 cash from the bank during the year. c. Accounts Payable includes only purchases of services made on credit for operating purposes. Because there are no liability accounts relating to income tax, assume that this expense was fully paid in cash. Required: 1. Prepare the statement of cash flows for the current year ended December 31 using the indirect method