Remaining Time: 49 minutes, 36 seconds. Question Completion Status: Question 6 3 points Save Anse 10. Assume the indirect method is used to compute net cash flows from operating activities. For this item extracted from the financial statements-Loss on Disposal of Equipment indicate the effect on net income in amving at net cash flows from operating activities by choosing one of the following: A Subtract from net income to arrive at net cash flows from operating activities Add to net income to arrive at net cash flows from operating activities C None of the above Not used to adjust net income to calculate net cash flows from operating activities Moving to another question will save this response Question 6016 3 0 Backspace 7 6 8 9 7 T R Y U Home F G H J K Enter y B NM Shift