The income statement of Blossom Company is presented here.

Blossom Company Income Statement For the Year Ended November 30, 2022
Sales revenue				$7,565,200
Cost of goods sold
Beginning inventory		$2,029,700
Purchases		4,311,300
Goods available for sale		6,341,000
Ending inventory		1,680,800
Total cost of goods sold				4,660,200
Gross profit				2,905,000
Operating expenses
Selling expenses		456,000
Administrative expenses		548,300		1,004,300
Net income				$1,900,700

Additional information:

1.		Accounts receivable decreased $414,800 during the year, and inventory decreased $348,900.
2.		Prepaid expenses increased $181,600 during the year.
3.		Accounts payable to suppliers of merchandise decreased $347,900 during the year.
4.		Accrued expenses payable decreased $102,300 during the year.
5.		Administrative expenses include depreciation expense of $110,500.

Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2022, for Blossom Company, using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Blossom Company Partial Statement of Cash Flows choose the accounting period For the Month Ended November 30, 2022For the Year Ended November 30, 2022November 30, 2022
select an opening section name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
select a cashflow item Net IncomeDepreciation ExpenseDecrease in InventoryIncrease in InventoryDecrease in Accounts ReceivableIncrease in Accounts ReceivableDecrease in Accrued Expenses PayableIncrease in Accrued Expenses PayableIncrease in Prepaid ExpensesDecrease in Prepaid ExpensesDecrease in Accounts PayableIncrease in Accounts Payable		$enter a dollar amount
Adjustments to reconcile net income to
select an opening subsection name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
select a cashflow item Net IncomeDepreciation ExpenseDecrease in InventoryIncrease in InventoryDecrease in Accounts ReceivableIncrease in Accounts ReceivableDecrease in Accrued Expenses PayableIncrease in Accrued Expenses PayableIncrease in Prepaid ExpensesDecrease in Prepaid ExpensesDecrease in Accounts PayableIncrease in Accounts Payable	$enter a dollar amount
select a cashflow item Net IncomeDepreciation ExpenseDecrease in InventoryIncrease in InventoryDecrease in Accounts ReceivableIncrease in Accounts ReceivableDecrease in Accrued Expenses PayableIncrease in Accrued Expenses PayableIncrease in Prepaid ExpensesDecrease in Prepaid ExpensesDecrease in Accounts PayableIncrease in Accounts Payable	enter a dollar amount
select a cashflow item Net IncomeDepreciation ExpenseDecrease in InventoryIncrease in InventoryDecrease in Accounts ReceivableIncrease in Accounts ReceivableDecrease in Accrued Expenses PayableIncrease in Accrued Expenses PayableIncrease in Prepaid ExpensesDecrease in Prepaid ExpensesDecrease in Accounts PayableIncrease in Accounts Payable	enter a dollar amount
select a cashflow item Net IncomeDepreciation ExpenseDecrease in InventoryIncrease in InventoryDecrease in Accounts ReceivableIncrease in Accounts ReceivableDecrease in Accrued Expenses PayableIncrease in Accrued Expenses PayableIncrease in Prepaid ExpensesDecrease in Prepaid ExpensesDecrease in Accounts PayableIncrease in Accounts Payable	enter a dollar amount
select a cashflow item Net IncomeDepreciation ExpenseDecrease in InventoryIncrease in InventoryDecrease in Accounts ReceivableIncrease in Accounts ReceivableDecrease in Accrued Expenses PayableIncrease in Accrued Expenses PayableIncrease in Prepaid ExpensesDecrease in Prepaid ExpensesDecrease in Accounts PayableIncrease in Accounts Payable	enter a dollar amount
select a cashflow item Net IncomeDepreciation ExpenseDecrease in InventoryIncrease in InventoryDecrease in Accounts ReceivableIncrease in Accounts ReceivableDecrease in Accrued Expenses PayableIncrease in Accrued Expenses PayableIncrease in Prepaid ExpensesDecrease in Prepaid ExpensesDecrease in Accounts PayableIncrease in Accounts Payable	enter a dollar amount
		enter a total amount of the adjustments
select a closing name for this statement Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash		$enter a total amount for this statement

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