BlossomCompany runs a retail company and recently completed its third year of operations. The balance sheet and income statement follow: Liabilities and Equity Accounts payable Income taxes payable $45,012$40,920 Long-term notes payable 34,72044,640 Commonstock, \$2par 18,60014,880 Paid-in capital in excess of par 47,12038,440 Retained earnings Total liabilities and equity Income Statement for 2014 Sales revenue $418,376 Cost of goods sold 252,960 Depreciation expense 5,332 Otherexpenses 107,880 Income taxes 17,980 Net income $34,224 1. Purchased equipment by signing a long-term note for $9,920 and paying cash for the balance. 2. Paid cash as a payment on the long-term notes payable, 3. Issued 124 shares of common stock for cash. 4. Declared and paid cash dividends of $19,840. Prepare a statement of cash flows for 2014 using the indirect method. (Show amounts that decrease cash flow with either a - sign 15,000 or in parenthesis eg. (15,000). eTextbook and Media Sare for Later Attempts: 0 of 3 used Subrist Acmwer