Blue Co. reported $150,000 of net income for 2020 . The accountant, in preparing the statement of cash flows, noted the following iteins occurring during 2020 that might affect cash flows from operating activities. 1. Blue purchased 100 shares of treasury stock at a cost of 520 per share. These shares were then resold at $25 per share. 2. Blue sold 100 shares of fBM common at $210 per share. The acquisition cost of these shares wass $140 per share. There were no unrealized jainis or losses recorded on this imvestment in 2020 . Bhue revised its estimate for bad debts. Eofore 2020. Blue's bud debt expense was 1 S of its receivables. In 2020 this. percentage was increased to 2 . Net account for 2020 were 5516,800 and net accounts neceivable decreased br 511,300 doring 2020 : Blue issued 500 shares ot its 510 par common stock for a patent. The market price of the shares on the date of the transaction was $23 per share: 5. Depreciation expense is $39200 Blue Co holds 40% of the Nirvana Company's cominon stockas at lone-term itwestment, Nirvana Cornoany redocted $28,900 at net income for 2020 . 7. Nirvana Conspany paid a totat of 51,800 of cash dividends to oll investees in 2020. 8. Blue dectared a s sok stock dividend. One thgusand chares of 510 par common ttock were distributed, The market price at date of issciance was $20 per share. Prepare a schedule that shows the netcash flow from operating activities uning the indirect method. Assurne noitems other than those listed above affected the computation of 2017 net cish flow from operating activities, ishow anounts that decrease cash flow with Adjustments to reconcie net income to Net Crob Provided tay Opcrotine Activitiss Dopreclation Expense. \begin{tabular}{|r|} \hline 519200 \\ \hline 17000 \\ \hline \end{tabular} Inceche from Cataty Wethed investownt Dividends bem Eevily Method lawetinent iv \begin{tabular}{rr|} \hline 720 \\ \hline \end{tabular}