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what did I do wrong? Blossom Enterprises Balance Sheet and Income Statement Data December 31, 2020 December 31, 2019 Current Assets Cash $189.720 $147.560 Accounts
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Blossom Enterprises Balance Sheet and Income Statement Data December 31, 2020 December 31, 2019 Current Assets Cash $189.720 $147.560 Accounts Receivable 295.120 379.440 Inventory 484,840 421,600 Total Current Assets 969,680 948,600 Property. Plant, and Equipment Less: Accumulated Depreciation 1538,840 (590,240) 948,600 $1.918,280 1,391,280 (548,080) 843,200 $1.791,800 Total Assets Current Liabilities: Accounts Payable Notes Payable Income Taxes Payable Total Current Liabilities $231,880 63,240 105.400 400,520 $126,480 84,320 94.860 305,660 Bonds Payable Total Liabilities 421,600 822,120 484.840 790,500 Stockholders' Equity: Common Stock Retained Earnings Total Stockholders Equity Total Liabilities & Stockholders Equity 579,700 421,600 632,400 463.760 1096.160 1918,280 1791.800 52002.600 931 240 1071,360 969.680 Sales Revenue Less Cest of Goods Sold Gross Profit Expenses Depreciation Expense Saaries and Wages Expense Enterest Expense Loss on sale of Equipment 168.646 =12.680 --2200 189720 -3= 8-0 42 180 14 880 731 600 3391760 135.904 Income Before Tanes assia come Expense het Income 653,480 1316200 126480 289720 200 856 Additional information During the year e assemelde-ement with an origine de 20 and accumulated capitala nef3_7500 and purchased new eu menter, Prepare a statement of een errichelaar end ng December. Show amounts that getreuse eash with therlaan 15000 or in parentesise Blossom Enterprises Statement of Cash Flows For the Year Ended December 31, 20120 Net Cashused by Investing Activitles $ Adjustments to reconcile net income to Cash Flows from Operating Activities 189720 Depreciation Expense Loss on Sale of Equipment 14880 Decrease in Accounts Recelvable 84820 Increase in inventory -98200 Increase in Accounts Payable 105400 Decrease in Notes Page -21080 320540 Merce Provided by Operating Acties Cash Flows from investing Act vlees Sale of Equipment Purchase of Equipment -3 37 280 Net Casin used by investing Actitle -1000 V Cash from Financing celules 50 Latihas
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