Business, 12.02.2021 05:30, fatty18

Indigo Company had cash receipts from customers in 2020 of $144,140. Cash payments for operating expenses were $86,280. Indigo has determined that at January 1, accounts receivable was $11,260, and prepaid expenses were $15,950. At December 31, accounts receivable was $21,870, and prepaid expenses were $20,070. Compute (a) service revenue and (b) operating expenses.

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Indigo Company had cash receipts from customers in 2020 of $144,140. Cash payments for operating exp...