Blossom Company Income Statement For the Year Ended December 31, 2022 Sales revenue $392,600 * Less: Cost of goods sold Operating expenses, excluding depreciation Depreciation expense Income tax expense Interest expense Loss on disposal of plant assets Net income $135,400 12,500 31,500 27,900 4,400 $173,4007,500 Additional information: Additional information: 1. New plant assets costing $79,900 were purchased for cash during the year. 2. Old plant assets having an original cost of $46,600 and accumulated depreciation of $36,200 were sold for $2,900 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $39,200 was declared and paid during the year. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign es15,000 or in parenthesis e.g. (15,000).) Blossom Company Statement of Cash Flows For the Year Ended December 31, 2022 * Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities * Increase in Imventory Increase in Accounts Receivable Increase in Prepaid Expenses Decrease in Accrued Expenses Payable Net Income Condensed financial data of Blossom Company follow