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Dive In Company was started several years ago by two diving instructors. The...

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Accounting

Dive In Company was started several years ago by two diving instructors. The companys comparative balance sheets and income statement, as well as additional information, are presented below.Additional Data:
a. Rent is paid in advance each month, and Office Expenses are paid in cash as incurred.
b. An owner contributed capital by paying $1,000 cash in exchange for the company's stock.
Required:
Prepare the statement of cash flows for the current year ended December 31 using the direct method. (Amounts to be deducted
should be indicated by a minus sign.)
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