A Week 5 - Learning Activity 1 X M Question 6 - Week 5 - Learnir X *Course Hero C 2% ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmi... DI J Finish update : Week 5 - Learning Activity 1 i Saved Help Save & Exit Submit Check my work 6 Required information . Bad Debts Expense Part 2 of 4 . Loss from an Asset Sale . Loss from Retirement of Notes Payable D Depreciation Expense ............ . . ..... 24,000 Accumulated Depreciation ......... 24,000 Cash flows from operating activities Net income ........ . ... . $38,000 Depreciation expense 24,000 Knowledge Check 01 Under the indirect method of preparing the statement of cash flows, depreciation and amortization should be: O Deducted from net income O Added to net income Neither added to or deducted from net income Mc Graw Hill