roblem 12-5A digo Corporation's income statement contained the condensed information below. Indigo Corporation Income Statement For the Year Ended December 31, 2017 $2,298,900 Service revenue ng expenses, excluding depreciation $1,455,180 130,350 Depreciation expense Loss on disposal of plant assets 37,920 1,623,450 675,450 132,720 $542,730 Income before income taxes Income tax expense Net income Indigo Corporation's balance sheet contained the comparative data at December 31. 2017 2016 Accounts receivable Accounts payable Income taxes payable $165,900 97,170 30,810 $142,200 75,840 16,590 Accounts payable pertain to operating expenses Prepare the operating activities section of the statement of cash flows using the indirect method. Indigo Corporation Partial Statement of Cash Ela