Nelson Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet:

	2014	2013	Increase/decrease
accounts Payable	8000	9000	(1,000)
accured liabilites	3000	1500	1500
long term notes payable	56000	60000	(4,000)
Total liabilities	67000	70500	(3,500)

The change in Accrued Liabilities will be shown as a negative cash flow in the adjustments to Net Income.

A.) False

B.) True