9:41 PM Tue May 3 Question 6 @ 65% Take Quiz Exit Bloom Corporation had the following 2020 income statement. Sales revenue Cost of goods sold Gross profit Operating expenses (includes depreciation of $28,000) $212,000 125,000 87,000 55,000 $ 32,000 1 pts Net income The following accounts increased/(decreased) during 2020: Accounts Receivable ($12,000). Inventory $11,000, and Accounts Payable ($13,000). Prepare the cash flows from operating activities section of Bloom's 2020 statement of cash flows using the direct method. Cash flows from operating activities: [Select] Cash payments: [Select] [Select] [Select] [Select] [Select] [Select] [Select] Question 7 [Select] 0.5 pts