Blossom Inc. reported the following information at the end of its 2019 fiscal year.

Blossom Inc. Statement of Financial Position As at April 30
Assets			2020			2019
	Cash		207,000			155,000
	Accounts receivable		111,000			94,000
	Inventory		107,000			250,000
	Prepaid operating expenses		20,000			13,000
	Long term investments		188,000			83,000
	Equipment		1,219,000			1,148,000
	Less: Accumulated depreciation		(364,000	)		(370,000	)
			1,488,000			1,373,000
Liabilities and Shareholders' Equity
	Accounts payable		51,000			64,000
	Income tax payable		28,000			26,000
	Bonds payable		677,000			749,000
	Common shares		280,000			254,000
	Retained earnings		452,000			280,000
			1,488,000			1,373,000

Blossom Inc. Income Statement For the year ended April 30, 2020
Sales revenue		1,136,000
Cost of goods sold		673,000
Gross profit		463,000
Operating expenses		221,000
Income from operations		242,000
Interest expense		4,800
Gain on disposal of equipment		3,700
Income before income tax		240,900
Income tax expense		18,490
Net income		$222,410

ADDITIONAL INFORMATION:

		Depreciation expense is included in operating expenses. All accounts payable transactions were related to the purchase of inventory.
		During the year, a piece of equipment that originally cost $51,700 was sold for cash. The equipment was 70% depreciated at the time of the sale.
		Long-term investments were purchased for cash during the year.

Prepare a statement of cash flows, in good form, for Blossom Inc., using the direct method. Blossom Inc. follows ASPE. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)