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The income statement of Blossom Company is presented here. Blossom Company Income Statement For the Year Ended November 30, 2020 Sales revenue $7.581.900 Cost
The income statement of Blossom Company is presented here. Blossom Company Income Statement For the Year Ended November 30, 2020 Sales revenue $7.581.900 Cost of goods sold Beginning inventory $1.958.700 Purchases 4,320,300 Goods available for sale 6.279,000 Ending inventory 1498.600 Total cost of goods sold 4,780.400 Gross prof 2801,500 Operating expernes 1030.300 Net income $1.771.200 Additional information I Accounts receivable increased $194,400 during the year, and inventory decreased $460.100 Accounts payable to suppliers of merchandise decreased $337.500 during the year 2 Prepaid expenses increased $171.100 during the year. A Accrued oxpenses payable decreased $100.500 during the year. 3 Operating expenses include depreciation expense of $80,400. Prepare the operating activities section of the statement of cash flows using the direct method Blossom Company Partial Statement of Cash Flows cash payments eTedbook and Media Seve ha Labe Attempts: 0 of Sused Subm SUPPORT
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