Blum Co. has the following balance sheet: Cash A/R Inventory L/T Investments Equipment Accum Depr A/P Accrued expenses Bonds Payable Common Stock Retained Earnings 47,000 22,000 11,500 $10,500 2023 $18,000 17,500 Additional Data: Equipment was bought for cash. Investments were sold at book value. 16,000 13,000 19,000 (12,000) $12,000 2,000 The condensed income statement for 2023 is as follows: Sales $69,000 COGS Gross Profit Operating expenses Net Income 14,000 19,000 24,500 2022 $11,500 13,000 19,000 14,000 17,000 (11,500) $ 9,000 3,000 15,000 17,000 19,000 Dividends of 5,000 were paid in cash. Stock was issued for cash. Bonds were retired for cash. Prepare a Statement of Cash Flows (Indirect Method).for 2023. The stmt of CF must be presented in proper format. SHOW ALL COMPUTATIONS.

Blum Co. has the following balance sheet: The condensed income statement for 2023 is as follows: Additional Data: Equipment was bought for cash. Investments were sold at book value. Dividends of 5,000 were paid in cash. Stock was issued for cash. Hondi were retifnd for cash Prepare a Statement of Cash Flows (Indirect Method). for 2023. The stmt of CF must be presented in proper format. SHOW AL. COMPUTATIONS