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Selected information from Blossom Ltd . ' s statement of financial position and statement of income is as follows: Blossom Ltd . Statement of Financial

Selected information from Blossom Ltd.'s statement of financial position and statement of income is as follows:
Blossom Ltd.
Statement of Financial Position (partial)
December 31
Current assets
Current liabilities
Blossom Ltd.
Statement of Income
Year Ended December 31,2024
Additional information:
The bank loan was received in the past to finance the purchase of equipment.
Operating expenses included depreciation expense of $11,900 and a loss of $5,600 on the disposal of equipment.
(a) Prepare the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash
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