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Indigo Corporation's income statement contained the condensed information below Indigo Corporation For the Year Ended December 31, 2017 $2,298,900 Service revenue Operating expenses, excludin Depreciation
Indigo Corporation's income statement contained the condensed information below Indigo Corporation For the Year Ended December 31, 2017 $2,298,900 Service revenue Operating expenses, excludin Depreciation expense Los g depreciation $1,455,180 130,350 37,920 1,623,450 675,450 132,720 S542,730 s on disposal of plant assets Income before income taxes Income tax expense Net income Indigo Corporation's balance sheet contained the comparative data at December 31 2017 2016 $165,900 75,840 16,590 Accounts receivable Accounts payable Income taxes payable $142,200 97,170 30,810 Accounts payable pertain to operating expenses Prepare the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a -sign e.g. -15,000 or in parenthesis e.g. (15,000).) Indigo Corporation Partial Statement of Cash Flows Adjustments to reconcile net income to
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