Question: For each transaction above, (b) indicate how it would affect the statement of cash flows using the indirect metiod. (DO nOT Teave 1. Cash receipt

For each transaction above, (b) indicate how it would affect the statement of cash flows using the indirect metiod. (DO nOT Teave 1. Cash receipt 15200 Gain on disposal of plant assets 3000 Investing section Operating section 2. Cash receipt 20000 3. Depreciation expense 17200 Not Applicable 4. Salaries and wages expense Investing and Financing section Financing section 5. Common stock for equipment 6. Cash receipt 1320 Loss on disposal of plant assets 1980 For each transaction above, (b) indicate how it would affect the statement of cash flows using the indirect metiod. (DO nOT Teave 1. Cash receipt 15200 Gain on disposal of plant assets 3000 Investing section Operating section 2. Cash receipt 20000 3. Depreciation expense 17200 Not Applicable 4. Salaries and wages expense Investing and Financing section Financing section 5. Common stock for equipment 6. Cash receipt 1320 Loss on disposal of plant assets 1980

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