This information is for Blossom Company for the year ended December 31, 2022.

Cash received from lenders		$18,600
Cash received from customers		45,100
Cash paid for new equipment		29,600
Cash dividends paid		5,800
Cash paid to suppliers		17,400
Cash balance 1/1/22		11,800

(a) Prepare the 2022 statement of cash flows for Blossom Company. (Show amounts that decrease cash flow either with a negative sign preceding the number e.g. -15,000 or in parentheses e.g. (15,000).) Anything in dark gray is correct.

Blossom Company Statement of Cash Flows For the Year Ended December 31, 2022 Cash flows from operating activities Cash received from customers $ 45100 Cash paid to suppliers 17400 Net cash provided by operating activities $ 62500 Cash flows from investing activities Cash paid for new equipment 29600 Net cash used by investing activities -29600 Cash flows from financing activities Cash received from lenders 18600 Net cash provided by operating activities $ 62500 Cash flows from investing activities Cash paid for new equipment 29600 Net cash used by investing activities -29600 Cash flows from financing activities Cash received from lenders 18600 Cash dividends paid 5800 Net cash provided by financing activities -24400 Net increase in cash 8500 Cash at beginning of period 11800 Cash at end of period