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Blue Compary prepares its statement of cash flows using the indirect method. Blue's atiowance for uncollectible accounts increased by 518,000 during the year and no

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Blue Compary prepares its statement of cash flows using the indirect method. Blue's atiowance for uncollectible accounts increased by 518,000 during the year and no accounts were writtm off How should Blue report the change in its allowance for bod debts in the staternent of cash tlows? Muspie Choike As a financing cost outhow As an irvesting cosh outfiow As a subbection fram net incoene in the operating activites section. As enaddition to net income inthe operating activities sectoos

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