Question 2 of 2 < > 1.59/2 (b) Prepare a 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 INC. Statement of Cash Flows For the Year Ended December 31, 2020 (Indirect Method) Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Gain on Sale of Investments 8550 Loss on Sale of Machinery 800 Increase in Accounts Receivable (Net) (10200) Increase in Inventory (5700) 42700