EX 13-4 Cash flows from operating activities-indirect method Obj. 2 Indicate whether each of the following would be added to or deducted from net income in de termining net cash flow from operating activities by the indirect method: a. Decrease in inventory 9. Increase in salaries payable b. Increase in accounts receivable h Decrease in prepaid expenses Increase in accounts payable Amortization of patent d Loss on retirement of long-term debt Increase in notes payable due in 120 days to vendors e Depreciation of fixed assets k Gain on disposal of fixed assets 1. Decrease in notes receivable due in 60 days from customers Net cash flow from operating activities, $128.550 EX 13-5 Cash flows from operating activities-indirect method Obj. 1, 2 The net income reported on the income statement for the current year was $93,700. Depreciation recorded on store equipment for the year mounted to $31,200. Balances of the current asset and Aire libilita