9,300 -800 Blessed Company prepared the following comparative balance sheets for 2017 and 2018: 12/31/2017 12/31/2018 Cash $200 +70 $900 Accounts Receivable 8,000 1 1300 Allowance for Doubtful Accounts -700 100 Short Term Notes Receivable 1.000 0 Merchandise Inventory 9,000 7,000 Patent 4,000 6,400 Equipment 35,000 43,000 Accumulated Depreciation -8.000 -9.000 TOTAL $48,500 $56,800 Accounts Payable Interest Payable Cash Dividends Payable Bonds Payable Discount on Bonds Payable Common Stock, $10 par Paid in Capital in Excess Of Par Retained Earnings TOTAL 7,000 200 1.800 10,000 -500 12,000 6,000 12,000 $48,500 3,000 500 900 9,000 -400 16,000 9,500 18,300 $56,800 a. C. Additional Information on activities for the year of 2018: Issued $1,000 of bonds at 98 in cash. b. Purchased a new patent for $3,000 in cash. Paid off $2,000 of bonds payable on the due date by issuing 100 shares of common stock as payment. d. Sold equipment which cost $12,000 and had a $3,000 book value for $4,000 in cash. Reported $9,000 of net income. f. Declared cash dividends throughout the year. Collected the short term note on the due date. h. Sold 300 shares of common stock for $5,500 in cash. i. Amortized the patent. j. Amortized the discount on bonds payable. e. Prepare the cash flow statement (using the indirect method) for Blessed Company for the year ended December 31, 2018. A skeleton outline has been provided. Do not be concerned if the complete the exam