TRUE$/$FALSE$.$ Write $\text{'}$T$\text{'}$ if the statement is true and $\text{'}F\text{'}$ if the statement is false.

For the year ended December $31,2019,$ the Statement of Cash Flows for Mississippi Family

Auto Supply shows the following information: Net Cash Used by Operating Activities, $$(70,000)$;

Net Cash Provided by Investing Activities, $$48,000$; and Net Cash Provided by Financing Activities,

$$42,000.$ Cash has increased by $$169,000.$

A decrease in inventory will be added to net income when preparing the operating activities

section under the indirect method.

Under the indirect method, a loss from the sale of a fixed asset is subtracted from net income.

Operating activities on a statement of cash flows relate to acquiring assets such as buildings

and equipment.

Cash received from customers is a financing activity on the statement of cash flows.

Cash dividends paid to stockholders are an operating activity on the statement of cash flows.