Can you please help me prepare a statement of cash flows using the indirect method...

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Accounting

Can you please help me prepare a statement of cash flows using the indirect method from the information below:

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The comparative balance sheets for Blossom Corporation show the following information. December 31 2020 2019 Cash $33,400 $13,100 Accounts receivable 12,300 10,000 Inventory 12,200 9,100 Available-for-sale debt investments -0- 2,900 -0- 29,500 Buildings Equipment 45,400 20,200 Patents 5,000 6,200 $108,300 $91,000 Allowance for doubtful accounts $3,000 $4,500 2,000 4,600 Accumulated depreciation equipment Accumulated depreciation-building -0- 6,100 5,000 2,900 Accounts payable Dividends payable Notes payable, short-term (nontrade) -0- 4,900 3,000 4,000 Long-term notes payable 31,000 25,000 Common stock 43,000 33,000 Retained earnings 21,300 6,000 $108,300 $91,000 Additional data related to 2020 are as follows. 1. 2. 3. 4. Equipment that had cost $11,200 and was 40% depreciated at time of disposal was sold for $2,500. $10,000 of the long-term note payable was paid by issuing common stock. Cash dividends paid were $4,900. On January 1, 2020, the building was completely destroyed by a flood. Insurance proceeds on the building were $29,700 (net of $2,000 taxes). Debt investments (available-for-sale) were sold at $1,700 above their cost. The company has made similar sales and investments in the past. 5. 6. 7. Cash was paid for the acquisition of equipment. A long-term note for $16,000 was issued for the acquisition of equipment. Interest of $2,000 and income taxes of $6,500 were paid in cash. 8. BLOSSOM CORPORATION Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows from Operating Activities Net Income

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