Question 13 of 18 < > Assets Blossom Company Comparative Balance Sheets December 31 2025 2024...

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Question 13 of 18 < > Assets Blossom Company Comparative Balance Sheets December 31 2025 2024 Cash $183,600 $59,400 Accounts receivable 237,600 205,200 Inventory 450,900 510,300 Land 216,000 270,000 Equipment 702,000 540,000 Accumulated depreciation-equipment (178,200) (86,400) Tota! $1,611,900 $1,498,500 Liabilities and Stockholders' Equity Accounts payable $105,300 $116,100 Bonds payable 405,000 540,000 Common stock ($1 par) 583,200 469,800 Retained earnings 518,400 372,600 Total $1,611,900 $1,498,500 Additional information: Question 13 of 18 < Additional information -15 E 20170 1 Net income for 2025 was $251,100. 2 Depreciation expense was $91,800. 3. Cash dividends of $105,300 were declared and paid. 4. Bonds payable with a carrying value of $135,000 were redeemed for $135,000 cash. 5. Common stock was issued at par for $113,400 cash. 6. No equipment was sold during 2025, 7 Land was sold for its book value. Prepare a statement of cash flows for 2025 using the indirect method. (Show amounts that decrease cash flow with either a sign es 45,000, or in parenthesis e.g. (45,000)). BLOSSOM COMPANY Statement of Cash Flows - Indirect Method Adjustments to reconcile net income to Question 13 of 18 < BLOSSOM COMPANY Statement of Cash Flows Indirect Method Adjustments to reconcile net income to > > > $ -15 E 13 Question 13 of 18 < -15 E > > 3 > 13 Question 13 of 18 < > Assets Blossom Company Comparative Balance Sheets December 31 2025 2024 Cash $183,600 $59,400 Accounts receivable 237,600 205,200 Inventory 450,900 510,300 Land 216,000 270,000 Equipment 702,000 540,000 Accumulated depreciation-equipment (178,200) (86,400) Tota! $1,611,900 $1,498,500 Liabilities and Stockholders' Equity Accounts payable $105,300 $116,100 Bonds payable 405,000 540,000 Common stock ($1 par) 583,200 469,800 Retained earnings 518,400 372,600 Total $1,611,900 $1,498,500 Additional information: Question 13 of 18 < Additional information -15 E 20170 1 Net income for 2025 was $251,100. 2 Depreciation expense was $91,800. 3. Cash dividends of $105,300 were declared and paid. 4. Bonds payable with a carrying value of $135,000 were redeemed for $135,000 cash. 5. Common stock was issued at par for $113,400 cash. 6. No equipment was sold during 2025, 7 Land was sold for its book value. Prepare a statement of cash flows for 2025 using the indirect method. (Show amounts that decrease cash flow with either a sign es 45,000, or in parenthesis e.g. (45,000)). BLOSSOM COMPANY Statement of Cash Flows - Indirect Method Adjustments to reconcile net income to Question 13 of 18 < BLOSSOM COMPANY Statement of Cash Flows Indirect Method Adjustments to reconcile net income to > > > $ -15 E 13 Question 13 of 18 < -15 E > > 3 > 13