Business, 28.04.2021 22:00, kingindoraptor

Blossom Company reported net income of $173,510 for 2022. Blossom Company also reported depreciation expense of $36,350 and a loss of $5,320 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $14,990 for the year, a $17,520 increase in accounts payable, and a $3,960 increase in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2022. Use the indirect method.

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Blossom Company reported net income of $173,510 for 2022. Blossom Company also reported depreciation...