(I), both (B)? indirect method or Would the item result in an increase (+) or a decrease when computing cash flow? Prepare statement of cash flows (indirect method) (Learning Objective 2) 3. S13-8 Daniel Corporation uses the indirect method to prepare its statement of cash flows. Data related to cash activities for last year are as follows: Dividends paid (cash)50,800 Depreciation expense Net decrease in current assets... 21,000 Issued new long-term notes payable for cash. Paid cash for buildin.. Net decrease in current liabilities Sold long-term investment for cash. .. 92,900 11,000 51,800 .. S 5,600 $100,000 Answer the following questions: 1. What was the net cash flow from operating activities for the year? 2. What was the cash flow from (or used for) investing activities for the year? 3. What was the cash flow from (or used for) financing activities for the year? 4. What was the net change in cash for the year? 5. If the beginning balance of cash for the year was $154,000, what was the balance of cash at the end of the year