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please answer all questions and i want only the answers SOURCES ework by Study Problem 12-07A Presented below are the financial statements of Blue Spruce

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SOURCES ework by Study Problem 12-07A Presented below are the financial statements of Blue Spruce Company. Blue Spruce Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $ 91,000 $ 52,000 Accounts receivable 52,000 36,400 Inventory 72,800 52,000 Property, plant, and equipment 156,000 202,800 Accumulated depreciation (62,400 ) $288,600 $280,800. Total Liabilities and Stockholders' Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total 44,200 49,400 18,200 44,200 46,800 130,000 $288,600 $ 39,000 20,800 85,800 36,400 98,800 $280,800 Blue Spruce Company Income Statement For the Year Ended December 31, 2022 CES $629,200 455,000 174,200 tudy Blue Spruce Company Income Statement For the Year Ended December 31, 2022 Sales revenue Cost of goods sold Gross profit Selling expenses $46,800 Administrative expenses 15,600 Income from operations Interest expense Income before income taxes Income tax expense Net income 62,400 111,800 7,800 104,000 20,800 $ 83,200 Additional data: 1. Depreciation expense was $45,500. 2. Dividends declared and paid were $52,000. 3. During the year equipment was sold for $22,100 cash. This equipment cost $46,800 originally and had accumulated depreciation of $24,700 at the time of JRCES Prepare a statement of cash flows using the Indirect method. (Show amounts that decrease cash flow with either a parenthesis e.g. (15,000).) sign .g. -15,000 or in Ork Blue Spruce Company Statement of Cash Flows Study Cash at End of Period Depreciation Expense Adjustments to reconcile net income to Net Cash Provided by Financing Activities : Decrease in Inventory LALLULATUR FULL SCREEN PRINTE HENT RESOURCES - 12 Homework am 12-01A em 12-07A Score Results by Study Cash Flows from Operating Activities Compute free cash flow. (Show a negative free cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Free cash flow Click if you would like to Show Work for this question: Open Show Work

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