Blossom Company's income statement contained the condensed information below. Blossom Company Income Statement For the Year Ended December 31, 2022 Service revenue $2,425,000 Operating expenses, excluding depreciation $1,535,000 Depreciation expense 137,500 Loss on disposal of plant assets 40,000 1,712,500 Income before income taxes 712,500 Income tax expense 140,000 Net income $572,500 Blossom Company's balance sheets contained the following comparative data at December 31. 2022 2021 Accounts receivable Accounts payable $175,000 $150,000 102,500 80,000 32,500 17,500 Income taxes payable Accounts payable pertain to operating expenses. Prepare the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis eg. (15,000).) Blossom Company Partial Statement of Cash Flows Adjustments to reconcile net income to