Indicate whether each of the following items would be added to (+) or subtracted from (−) net income to calculate net cash provided (used) by operating activities using the indirect method. If a transaction is not shown in the operating cash flows section of the statement of cash flows, indicate that it is NA (not applicable).
(a) _____ Depreciation expense
(b) _____ Increase in accounts receivable
(c) _____ Decrease in merchandise inventory in the perpetual inventory system
(d) _____ Increase in accounts payable
(e) _____ Interest expense
(f) _____ Decrease in income tax payable
(g) _____ Gain on disposal of equipment
(h) _____ Loss on sale of long-term investment
(i) _____ Decrease in dividends payable
(j) _____ Impairment loss for goodwill
(k) _____ Decrease in 60-day term deposit
Calculate operating activities-direct method.