Question 2 of 8 > View Policies Current Attempt in Progress Blossom Ltd. reported the following for the fiscal year 2021 BLOSSOM LTD. Income Statement Year Ended September 30, 2021 Sales $582,000 Cost of goods sold 337.000 Gross profit 245,000 Operating expenses $ 108,000 Depreciation expense 30,000 Gain on sale of and 145.000 98,000 Profit bekee income tax 147 000 Income tax expense 38.750 Profit $110 - / 10 Question 2 of 8 Profit $110,250 Additional information: 1. Accounts receivable decreased by $16,200 during the year. 2 Inventory increased by $7.700 during the year. 3. Prepaid expenses decreased by $5,700 during the year. 4. Accounts payable to suppliers increased by $11,200 during the year 5. Accrued expenses payable increased by $5,200 during the year. 6. Income tax payable decreased by $7,000 during the year. Prepare the operating activities section of the cash flow statement using the direct method (Show amounts that decrease cash flow with either a sign e.g.-15,000 or in parenthesis eg. (15,000).) BLOSSOM LTD. Cash Flow Statement (Partial) Direct Method AG GO C =