Under the indirect method, changes in current assets are used in determining cash flows from operating activities and changes in current liabilities are used in determining cash flows from financing activities. True or False Investing activities include receiving cash from the sale of land and also the resulting gain or loss on the sale. True or False Maya Company's purchase of 100 shares of Labrador Incorporated common stock would be reported as a financing activity on its statement of cash flows. True or False Depreciation Expense is not reported on the statement of cash flows when prepared using the direct method. True or False