e GRADED HOMEWORK CH 13 Question 5 of 7 Blossom Corporation reported the following information in thousands) at December 31, 2021: - 11 2021 2020 Dividends payable $ 15 $ 5 Bank loan payable-current portion 200 200 Bank loan payable--non-current portion 400 250 Common shares 600 400 Retained earnings 700 500 Additional information: 1. The bank loan was increased by additional borrowings of $300 to partially finance the purchase of new equipment that cost $500. The bank loan was decreased by repayments. Tvne hare to com ASMARA Question 5 of 7 - / 1 4 Net income for the year was $400. Prepare the financing activities section of Blossom's statement of cash flows for the year. (Show amounts that decrease cash flow with either a - sign eg. -15,000 or in parenthesis eg. (15,000).) BLOSSOM CORPORATION Statement of Cash Flows (Partial) ($ in thousands) Financing activities $ Question 5 of 7 > ***5 LUVILO - / 1 $ $ Note X to the Statement of Cash Flows: During the year, the company purchased equipment costing $500 by paying $200 cash and issuing a $ bank loan payable. e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Ora tocar e GRADED HOMEWORK CH 13 Question 5 of 7 Blossom Corporation reported the following information in thousands) at December 31, 2021: - 11 2021 2020 Dividends payable $ 15 $ 5 Bank loan payable-current portion 200 200 Bank loan payable--non-current portion 400 250 Common shares 600 400 Retained earnings 700 500 Additional information: 1. The bank loan was increased by additional borrowings of $300 to partially finance the purchase of new equipment that cost $500. The bank loan was decreased by repayments. Tvne hare to com ASMARA Question 5 of 7 - / 1 4 Net income for the year was $400. Prepare the financing activities section of Blossom's statement of cash flows for the year. (Show amounts that decrease cash flow with either a - sign eg. -15,000 or in parenthesis eg. (15,000).) BLOSSOM CORPORATION Statement of Cash Flows (Partial) ($ in thousands) Financing activities $ Question 5 of 7 > ***5 LUVILO - / 1 $ $ Note X to the Statement of Cash Flows: During the year, the company purchased equipment costing $500 by paying $200 cash and issuing a $ bank loan payable. e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Ora tocar