Indigo Ltd. had the following 2023 income statement data: Revenues $115.000 Expenses 53,000 $62.000 In...
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Indigo Ltd. had the following 2023 income statement data: Revenues $115.000 Expenses 53,000 $62.000 In 2023, Indigo had the following activity in selected accounts: Accounts Receivable Allowance for Expected Credit Losses 1/1/23 19,800 1.310 1/1/23 Revenues 115,000 1.180 Write-offs Write- offs 1,180 1.510 Loss on impairment 92,000 Collections 12/31/23 41.620 1.640 12/31/23 Prepare Indigo's cash flows from operating activities section of the statement of cash flows using the indirect method.
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