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Blossom Company's comparative balance sheets are presented below. Blossom Company Comparative Balance Sheets December 31 2020 2019 Cash $ 14,500 $ 10,400 Accounts receivable 21,300

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Blossom Company's comparative balance sheets are presented below. Blossom Company Comparative Balance Sheets December 31 2020 2019 Cash $ 14,500 $ 10,400 Accounts receivable 21,300 23,900 Land 20,300 25,700 Buildings 69,800 69,800 Accumulated depreciation-buildings (15,000) (10,200) Total $110,900 $119,600 Accounts payable Common stock Retained earnings $ 12,500 $ 28,300 75,400 71,500 23,000 19,800 $110,900 $119,600 Total Additional information: 1. Net income was $22,300. Dividends declared and paid were $19,100. 2. No noncash investing and financing activities occurred during 2020. 3. The land was sold for cash of $4,600. (a) Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a sign e.g. -15,000, or in parenthesis e.g. (15,000).) Blossom Company (a) Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. - 15,000, or in parenthesis e.g. (15,000).) Blossom Company Statement of Cash Flows Adjustments to reconcile net income to CALCULATOR STANDARD VIEW PRINTER VERSION

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