Shown below are the comparative statements of financial position and statement of income for Blossom Corporation. Total assets Current liabilities Accounts payable Salaries and wages payable Interest payable Total current liabilities Mortgage payable Total liabilities Shareholders' equity Common shares 166,96019,760167,68018,080 Retained earnings Total shareholders' equity Total liabilities and shareholders' equity 226,96060,000247,68080,000 Blossom Corporation Statement of Income For the Year Ended May 31, 2022 Sales 1,200,000 Cost of goods sold 544,000656,000 Gross margin Expenses \begin{tabular}{lr} Salaries and wages expense & 164,800 \\ Interest expense & 36,000 \\ Other operating expenses & 25,600 \\ Depreciation expense & 22,400 \\ \cline { 2 - 2 } Total operating expenses & 248,800 \\ \cline { 2 - 2 } Income from Operations & 295,200 \\ Income tax expense & 49,600 \\ \hline Net Income & 245,600 \\ \hline \end{tabular} The following is additional information about transactions during the year ended May 31, 2022, for Blossom Corporat 1. Equipment costing $116,800 was purchased by paying cash. 2. The "other operating expenses" relate to prepaid rent. 3. In order to supplement its cash, Blossom issued 20,000 additional common shares. 4. Cash dividends of $204,720 were declared and paid at the end of the fiscal year. Prepare a statement of cash flows for 2022 using the indir? ct method. (Show amounts that decrease cash flow with e.g. 15,000 or in parenthesis e.g. (15,000).) BLOSSOM CORPORATION Statement of Cash Flows $ Adjustments to reconcile net income to