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The following are comparative balance sheets for Indigo Company. Additional information: 1. Net income for 2025 was $130,200. 2. Depreciation expense was $47,600. 3. Cash

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The following are comparative balance sheets for Indigo Company. Additional information: 1. Net income for 2025 was $130,200. 2. Depreciation expense was $47,600. 3. Cash dividends of $54,600 were declared and paid. 4. Bonds payable with a carrying value of $70,000 were redeemed for $70,000 cash. 5. Common stock was issued at par for $58,800 cash. 6. No equipment was sold during 2025. 7. Land was sold for its book value. Prepare a statement of cash flows for 2025 using the indirect method. (Show amounts that decreose cash flow with elther a-sis 45,000, or in porenthesis e. (45,000)). Prepare a statement of cash flows for 2025 using the indirect method. (Show amounts that decrease cash flow with either a - slign eg. -45.000. or in naronthecie an IAC Annil eTextbook and Media Save foel lates 5

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