Indigo Manufacturing has provided the following comparative financial statements: Indigo Manufacturing Statement of Financial Position As at December 31 Assets 2020 Cash 610,000 Accounts receivable 73,000 Inventory 107,000 Prepaid operating expenses 9,700 Long term investments 147,000 Equipment 622,000 Less: Accumulated depreciation (70,000) 1,498,700 Liabilities and Shareholders' Equity Accounts payable 63,000 Income tax payable 18,000 Bonds payable 162,000 Common shares 705,000 Retained earnings 550,700 1,498,700 2019 557,000 91,000 80,000 11,600 100,000 535,000 (70,000) 1,304,600 29,000 22,000 272,000 577,000 404,600 1,304,600 During 2020, Indigo earned net income of $201,000. Depreciation expense was $25,000. Equipment was sold at a loss of $6,000. 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 Manufacturing Partial Statement of Cash Flows $ Adjustment to reconcile net income to net cash provided by operating activities: