below is the balance sheet for these multiple choice please

CONSOLIDATED BALANCE SHEET (in millions) Year Ending Dec. 31 2020 2019 ASSETS \begin{tabular}{lcc} Cash and Cash Equivalents & $1,000 & $800 \\ Accounts Receivable & 300 & 500 \\ Merchandise Inventory & 880 & 650 \\ Short Term Investments & 145 & 120 \\ \hline TOTAL CURRENT ASSETS & 2,325 & 2,070 \\ PP\&E, net accumulated depreciation of & 1,250 & 1,000 \\ \$600 in 2020 and \$500 in 2019 & & \\ \hline TOTAL ASSETS & $3,575 & $3,070 \\ \hline \hline \end{tabular} LIABILITIES \begin{tabular}{lcc} Accounts Payable & $530 & $500 \\ Other Payables & 410 & 362 \\ \hline TOTAL CURRENT LIABILITIES & 940 & 862 \\ & & \\ Mortgage Payable & 0 & 700 \\ Long-Term Bank Loan & 900 & 850 \\ \hline TOTAL LIABILITIES & 1,840 & 2,412 \end{tabular} OWNERS EQUITY Common Stock Preferred Stock Additional Paid in Capital Retained Earnings TOTAL OWNERS EQUITY 8070 TOTAL LIABILITIES + OWNERS EQUITY $3,575 $3,070 No Property, Plant \& Equipment (PPE) was sold during 2020. > No short-term investments were sold during the year. > All depreciation expense is included in SG\&A > Because there is no dividends payable account at either the start of end of the year, you may assume all dividends declared in 2020 were paid in 2020. Question 10 (5 points) How does Avett Inc.'s Net Income impact its 2020 Statement of Cash Flows? Net Income is included as an increase in Cash Flows from Investing Net Income is included as a decrease in Cash Flows from Operations Net Income is not included on the Statement of Cash Flows Net Income is included as an increase in Cash Flows from Operations Net Income is included as a decrease in Cash Flows from Financing Net Income is included as an increase in Cash Flows from Financing Net Income is included as a decrease in Cash Flows from Operations Question 11 (8 points) What is Avett Inc.'s 2020 Cash Flows from Operating Activities? Increase of $148 Increase of $1,548 Increase of $1,648 Decrease of $1,548 Question 12 (5 points) What is Avett, Inc.'s 2020 Depreciation Expense? $175 $150 $100 $200