Blossom Ltd. reported the following for the fiscal year 2021: BLOSSOM LTD. Income Statement Year Ended September 30, 2021 Sales $560.000 Cost of goods sold 315,000 Gross profit 245.000 Operating expenses $ 86,000 Depreciation expense 11,000 Gain on sale of land (21.000) 76.000 Profit before income tax 169.000 Income tax expense 42.250 Profit $126.750 1. Additional information: Accounts receivable decreased by $14.000 during the year. 2. Inventory increased by $5.500 during the year. Prepaid expenses decreased by $3.500 during the year. Accounts payable to suppliers increased by $9,000 during the year. Accrued expenses payable increased by $3,000 during the year. Income tax payable decreased by $4,800 during the year. 3. 4 5. 6. Prepare the operating activities section of the cash flow statement using the direct method. (Show amounts that decrease cash flow with either a-sign eg. -15,000 or in parenthesis e.g. (15,000).) BLOSSOM LTD. Cash How Statement (Partial) Direct Method $ $