The three accounts shown below appear in the general ledger of Blossom Corp. during 2024. Date Jan. 1 Balance July 31 Purchase of equipment Nov. 10 Cost of equipment sold D Equipment Debit Credit Balance 172,800 75,600 248,400 52,920 195,480 Accumulated Depreciation-Equipment Date Debit Credit Balance Jan. 1 Balance 76,680 Nov. 10 Accumulated depreciation on equipment sold 32,400 44,280 Dec. 31 Depreciation for year 30,240 74,520 Date Jan. 1 Balance Aug. 23 Dividends (cash) Dec. 31 Profit for the year Retained Earnings Debit Credit Balance 113,400 15,120 98,280 83,160 181,440 From the postings in the accounts, indicate how the information is reported on a cash flow statement using the indirect method. The loss on disposal of equipment was $7,560 and the cash dividends were paid. (Show amounts that decrease cash flow with either a -sign e.g -15,000 or in parenthesis e.g. (15,000).) BLOSSOM CORP. Cash Flow Statement (Partial) - Indirect Method Year Ended December 31, 2024 Cash Flows from Operating Activities Profit for the Year Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Loss on Disposal of Equipment $ 30240 $ 83160 Loss on Disposal of Equipment Net Cash Provided by Operating Activities Cash Flows from Investing Activities Sale of Equipment Purchase of Equipment Net Cash Used by Investing Activities Cash Flows from Financing Activities Payment of Cash Dividends