Question: Current Attempt in Progress Blossom Corporation's comparative balance sheet is presented below. BLOSSOM CORPORATION Balance Sheet December 31 Assets 2024 2023 Cash $14.870 $11,130

Current Attempt in Progress Blossom Corporation's comparative balance sheet is presented below. 

Current Attempt in Progress Blossom Corporation's comparative balance sheet is presented below. BLOSSOM CORPORATION Balance Sheet December 31 Assets 2024 2023 Cash $14.870 $11,130 Accounts receivable 22.050 24,340 Land 20,800 27,040 Building 72.800 72,800 Accumulated depreciation-building (15.600) (10,400) Total $114,920 $124,910 Liabilities and Shareholders' Equity Accounts payable $12.860 $32,340 Common shares 78,000 71,760 Retained earnings 24,060 20,810 Total $114,920 $124,910 Additional information: 1 Profit for the year was $23,540. Dividends declared and paid were $20,290. 2 No noncash investing and financing activities occurred during 2024. 3. The land was sold for cash of $5,100, resulting in a loss of $1,140 on the sale of the land. Prepare a cash flow statement for 2024 using the indirect method. Blossom Corporation reports under ASPE (Show amounts that decrease cash flow with either a-sign eg-15,000, or in parenthesis eg. (15,000 BLOSSOM CORPORATION Cash Flow Statement Adjustments to reconcile profit to S S

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