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Question 10 of 11 15 E Indigo Corp. uses the direct method to prepare its statement of cash flows. Indigo's trial balances at December
Question 10 of 11 15 E Indigo Corp. uses the direct method to prepare its statement of cash flows. Indigo's trial balances at December 31, 2025 and 2024, are as follows December 31 Debits 2025 2024 Cash $34,700 $31,800 Accounts receivable 33,200 29,900 Inventory 31,400 46,800 Property, plant, and equipment 100.800 95,700 Unamortized bond discount 4,400 4,900 Cost of goods sold 251,800 380,300 Selling expenses 142.500 172.400 General and administrative expenses Interest expense Income tax expense Credits 137,500 152.800 4,200 2,700 20,400 61,400 $760,900 $978,700 Questio $760.900 3978,700 Credits Allowance for doubtful accounts $1,400 $1,100 Accumulated depreciation-plant assets 16,500 15,000 Accounts payable 24,800 15,500 Income taxes payable 21.200 29,000 Deferred tax liability 5,300 4,600 8% callable bonds payable 45,400 20,000 Common stock 50,000 40.000 Paid-in capital in excess of par 9,200 7,500 Retained earnings) 44,200 64,700 Sales revenue 542,900 781.300 $760,900 $978,700 Additional information 1 Indigo purchased $5,100 in equipment during 2025. Additional information: 1. Indigo purchased $5,100 in equipment during 2025. 2. Indigo allocated one-third of its depreciation expense to selling expenses and the remainder to general and administrative expenses. 3. Bad debt expense for 2025 was $4,900, and write-offs of uncollectible accounts totaled $4,600. Determine what amounts Indigo should report in its statement of cash flows for the year ended December 31, 2025, for the following items. a Cash collected from customers. $ b Cash paid to suppliers. $ C. Cash paid for interest. $ d. Cash paid for income taxes. $ e Cash paid for selling expenses. $
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