ignment Exercise 12-13 The 2019 accounting records of Blossom Company reveal these transactions and events. Payment of interest Cash sales Receipt of dividend revenue Payment of income taxes Net income $ 11,000 Collection of accounts receivable 49,500 Payment of salaries and wages 18,200 Depreciation expense 15,800 Proceeds from sale of vehicles 37,800 Purchase of equipment for cash Loss on sale of vehicles 115,600 Payment of dividends 74,100 Payment of operating expenses $190,100 57,600 16,200 12,000 21,500 2,500 13,700 28,400 Payment of accounts payable for merchandise Payment for land Prepare the cash flows from operating activities section using the direct method. (Show amount e.g. (15,000).) Blossom Company Statement of Cash Flows-Direct Method Cash receipts from