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Indigo Corporation's income statement contained the condensed information below. Indigo Corporation Income Statement For the Year Ended December 31,2022 $2,522,000 Service revenue $1,596,400 Operating expenses,
Indigo Corporation's income statement contained the condensed information below. Indigo Corporation Income Statement For the Year Ended December 31,2022 $2,522,000 Service revenue $1,596,400 Operating expenses, excluding depreciation Depreciation expense 143,000 41,600 1,781,000 Loss on disposal of plant assets 741,000 Income before income taxes 145,600 Income tax expense $595,400 Net income Indigo Corporation's balance sheets contained the following comparative data at December 31. 2022 2021 $182,000 $156,000 Accounts receivable Accounts payable 83,200 106,600 Income taxes payable 33,800 18,200 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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