Acc422 Intermediate Accounting: BE23-4 Bloom Corporation had the following

Acc422 Intermediate Accounting
BE23-4
Bloom Corporation had the following 2010 income statement.
Sales 200,000
Cost of goods sold 120,000
Gross profit 80,000
Operating expense (including depreciation of $21,000) 50,000
Net income 30,000

The following accounts increased during 2011: accounts receivable $12,000; inventory $11,000; accounts payable $13,000. Complete the cash flows from operating activities section of Bloom's 2011 statement of cash flows using the direct method. (List amounts from largest to smallest eg 10, 5, 3, 2.)
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