ooo Verizon LTE 7:09 PM T O 52% Ch 12B Homework e Exercise 12-3 Blossom Company reported net income of $173,510 for 2017. Blossom Company also reported depreciation expense of $36,350 and a loss of $5,320 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $14,990 for the year, a $17,520 increase in accounts payable, and a $3,960 increase in prepaid expenses Prepare the operating activities section of the statement of cash flows for 2017. Use the indirect method. (Show amounts that decrease cash flow with either a sign e g. -15,000 or in parenthesis e g. (15,000).) Blossom Company Partial nt of Cash Flows Question Attempts 0 of 3 used