Nelson Corp. uses the indirect method to prepare the statement of cash flows. following section of the comparative balance sheet: Refer to the Nelson Corp. Comparative Balance Sheet December 31, 2017 and 2016 2016 Increase/Decrease) $(1,000) 1,500 (4.000) $(3,500) 2017 Accounts Payable Accrued Liabilities Long-term Notes Payable Total Liabilities $9,000 1,500 60.000 $67,000$70,500 $8,000 3,000 56,000 The change in Accounts Payable is as a negative cash flow in the adjustments to net income. O True O False