uc 10. Cash flows provided (used) by operating activities, prepared using the indirect method, would include (a) receipts from the sale of investments (b) profit. (c) payments for dividends. (d) receipts from the issue of preferred shares. 11. Accounts receivable arising from sales to customers amounted to $35,000 and $40,000 at the beginning and end of the year, respectively. Profit reported on the income statement for the year was $120,000. Ignoring the effect of any other adjustments, the cash flow provided (used) by operating activities, prepared using the indirect method, is (a) $120,000 (b) $125,000 (c) $155,000 (d) $115,000