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RCES CALERATOR PULLSCREEN INTEREST Exercise 12-08 The following information is available for Blossom Company for the year ended December 31, 2022. Beginning cash balance $
RCES CALERATOR PULLSCREEN INTEREST Exercise 12-08 The following information is available for Blossom Company for the year ended December 31, 2022. Beginning cash balance $ 32,400 Accounts payable increase 7,695 Depreciation expense 55,350 Accounts receivable decrease 5.450 Inventory decrease 4.185 Net Income 77,220 Cash received for sale of land at book value 140.400 Cash dividends paid 51.100 Income taxes payable decreme 5,265 Cash used to purchase and 100,350 Cash used to redeem bonds 19,100 Cash received from sing stock 216,000 Prepare a statement of cash flows using the direct method (show amounts that decrease can now with there -18,000 or in parenthesis a. (18,000)) Blossom Company Statement of Cash Flowe Indirect Method
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