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Exercise 1-16 a This information is for Blossom Company for the year ended December 31, 2022. Cash received from lenders Cash received from customers Cash
Exercise 1-16 a This information is for Blossom Company for the year ended December 31, 2022. Cash received from lenders Cash received from customers Cash paid for new equipment Cash dividends paid Cash paid to suppliers Cash balance 1/1/22 $18,000 45,000 27,000 5,000 15,000 11,000 (a) Prepare the 2022 statement of cash flows for Blossom Company. (Show amounts that decrease cash flow either with a negative sign preceding the number e.g.-15,000 or in parenthese Blossom Company Statement of Cash Flows For the Year Ended December 31, 2022 Cash flows from operating activities Cash received from customers $ Cash paid to suppliers Net cash provided by operating activities Cash flows from investing activities Cash paid for new equipment Net cash provided by operating activities $ Cash flows from investing activities Cash paid for new equipment Net cash used by investing activities I Cash flows from financing activities Cash paid to lenders Cash dividends paid Net cash provided by financing activities Net increase in cash Cash at beginning of period Cash at end of period
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