Current Attempt in Progress A comparative balance sheet for Blossom Company appears below BLOSSOM COMPANY Comparative Balance Sheet Dec 31, 2022 Dec 31, 2021 Assets Cash Accounts receivable $57.000 $22,500 41.000 24,500 Inventory Prepaid expenses 48,000 28.500 17.500 32.000 Long-term investments Equipment Accumulated depreciation-equipment Total assets 0 40,000 94,500 44,500 (43,000) (26,500) $215,000 $165,500 Liabilities and Stockholder's Equity Accounts payable $40,000 $18,500 Bonds payable 47.500 68,000 Common stock 63,000 34.500 Retained earnings 64.500 44.500 Total liabilities and stockholders' equity $215,000 $165.500 Additional information: 1 Net income for the year ending December 31, 2022 was $46,500 2 Cash dividends of $26,500 were declared and paid during the year. 3. Long-term investments that had a cost of $40,000 were sold for $25.500 4 Sales for 2022 were $131.500 5. No equipment was sold during the year. Prepare a statement of cash flows for the year ended December 31, 2022 using the indirect method. (Show amounts that decrease cash flow with either e-sian ex-15,000 or in parenthesis eg (15,000) uestion 11 of 11 < 4 Sales for 2022 were $131.500 5. No equipment was sold during the year. -/20 Prepare a statement of cash flows for the year ended December 31, 2022 using the indirect method. Show amounts that decre flow with either a sign ex-15,000 or in parenthesis es (15,000) BLOSSOM COMPANY Statement of Cash Flows Adjustments to reconcile net income to v wNWP Assessment Player Ul Appi x NWP Assessment Builder Ul App X tml?launchld=99524447-1431-4127-bece-4de30fbb541d#/question/10 Question 11 of 11 Textbook and Media -/20