Marigold Corporation had the following $2025$ income statement.

Revenues

$$106,000$

Expenses

$66,000$

Net income

$$40,000$

In $2025,$ Marigold had the following activity in selected accounts.

Accounts Receivable

$1/1/25$

$20,000$

Revenues

$106,000$

Write$-$offs

$1,000$

Collections

$98,000$

$12/31/25$

$27,000$

Allowance for Doubtful Accounts

$1/1/25$

$1,000$

Write$-$offs

$1,000$

Bad debt expense

$1,700$

$12/31/25$

$1,700$Prepare Marigold's cash flows from 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$.(15,000).)$

MARIGOLD CORPORATION

Statement of Cash Flows$-$Indirect Method $($Partial$)$

For the Year Ended December $31,2025$

Cash Flows from Operating Activities