Blossom Instruments Comparative Balance Sheets As of December 31 2021 Cash $7,180 Accounts receivable, net 8,000 Inventory 35,000 Total current assets 50,180 Property, plant, & equipment, net 215,500 Total Assets $265,680 Accounts payable $4,600 Accrued expenses 3,700 Taxes payable 3,300 Note payable 61,700 Total liabilities 73,300 Common stock 126,200 Retained earnings 66,180 Total stockholders' equity 192,380 Total liabilities & stockholders' equity $265,680 2020 $5,500 6,800 35,400 47,700 218,000 $265,700 $6,200 3,400 3,900 51,200 64,700 126,200 74,800 201,000 $265,700 Equipment with an original cost of $36,200 was sold for $21,600. The book value of the equipment was $20,600. On June 1, 2021, the company purchased new equipment for cash at a cost of $19,700. At the end of the year the company issued notes payable for $11,700 cash. The note will mature on December 31, 2024. The company paid $21,600 in cash dividends for the year. Using the indirect method, prepare Blossom Instruments' statement of cash flows for 2021. Blossom Instruments Statement of Cash Flows $ - / 1 >