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Brief Exercise 11-20 Analyzing Balance Sheet Accounts A review of the balance sheet of Dixon Company revealed the following chanpes in the account balances Required: 1. Classify each change in the balance sheet account as a cash flow from operating activities, a cash flow from investing activities, a cash flow from financing activities, or a noncash investing and financing activity. a. Increase in retained earmings b. Increase in equipment c Increase in interest receivable d. Decrease in bonds payable . Increase in uneamned rent revenue f. Decrease in prepaid insurance Decrease in long-term investment . h. Increase in accounts payable 2. Indicate whether each of the changes in the balance sheet accounts produces an increase in cash, produces a decrease in cash, or is a noncash activity & Increase in retained eamings b. Increase in equipment cIncrease in interest receivable d. Decrease in bonds payable e. Increase in unearned rent revenue f. Decrease in prepaid insurance g. Decrease in long-term investment h. Increase in accounts payable Reporting Net Cash Flow from Operating Activities The following information is available for 2019: Net income $190,000 Decrease in accounts receivable 8,300 Increase in inventory 18,300 Decrease in prepaid rent 2,100 Increase in salaries payable 4,410 Decrease in income taxes payable 4,270 Increase in notes payable (due 2023) 50,000 Depreciation expense 44,700 Loss on disposal of equipment 11,000 Required: Compute the net cash flows from operating activities using the indirect method. 283,080 X