The following are comparative balance sheets for Blossom Company.

Additional Information:

1. Net income for 2022 was $101,500

2. Depreciation Expense was $32,500

3. Cash dividends of $44,100 were declared and paid

4. Bonds Payable amounting to $51,500 were redeemed for cash for $51,500

5. Common stock was issued for $42,500 for cash

6. No equipment was sold during 2022

7. Land was sold for its book value.

Prepare a statement of cash flows for 2022 using the indirect method

Blossom Company Comparative Balance Sheets December 31 Blossom Company Statement of Cash Flows \$ Adjustments to reconcile net income to $