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Selected information from the comparative financial statements of Blossom Company for the year ended December 31 appears below 2021 2020 Accounts receivable (net) $187,000
Selected information from the comparative financial statements of Blossom Company for the year ended December 31 appears below 2021 2020 Accounts receivable (net) $187,000 $212,000 Inventory 142.000 182,000 Total assets Current liabilities 1.112.000 812,000 152.000 122.000 Long-term debt 422,000 312.000 Net credit sales 1,097,250 712,000 Cost of goods sold 777.600 542,000 Interest expense 52.000 37,000 Income tax expense 72.000 41,000 Net income t 198,400 97,000 Net cath provided by operating activities 262.000 147,000
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