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Indigo Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $24,400. Dividends declared and paid were $19,100. 2. No noncash inwesting
Indigo Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $24,400. Dividends declared and paid were $19,100. 2. No noncash inwesting and financing activities occurred during 2025. 3. The land was sold for cash of $4,900. Prepare a statement of cash flows for 2025 using the indirect method. (Show amounts that decrease cash flow with either asign eg. 15,000 or in parenthesis es. (15,000)) Compute free cash flow. (Show a negative free cash flow with either a - sian eg. - 15,000 or in parenthesis es. (15,000) ) Free cash flow
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