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  3. brief exercise 12 4 indigo corporation reported net income of...

Question: brief exercise 12 4 indigo corporation reported net income of...

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Brief Exercise 12 -4 Indigo Corporation reported net income of $3.2 million in 2017. Depreciation for the year was $158,500, accounts receivable decreased $356,400, and accounts payable decreased $276,700. by operating activities using the indirect approach. (Show amounts that decrease cash flow with either a - sign e.g.-15,000 or in parenthesis e.g. (15,000).) Statement of Cash Flows-Indirect Approach Adjustments to recancile net income to Click if you would like to Show Work for this question: Open Show Work

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