Blossom Company's comparative balance sheets are presented below. Blossom Company Comparative Balance Sheets December 31 2019 Cash $14,500 Accounts receivable 21,300 Land 20,300 Buildings 69,800 Accumulated depreciation-buildings (15,000) Total $110,900 2013 $ 10,400 23,900 25,700 69,800 (10,200) $119,600 Accounts payable Common stock Retained earnings Total $ 12,500 75,400 23,000 $110,900 $ 28,300 71,500 19,800 $119,600 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. Your answer is partially correct. Try again. Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease 322,300 Blossom Company Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense $4800 Decrease in Accounts Receivable Decrease in Accounts Payable 2600 115800 Loss on Disposal of Piant Assets Net Cash Provided by Operating Activities