Question: Virginia Company uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparativo balance shout Virginia Company

Virginia Company uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparativo balance shout Virginia Company Comparative Balance Sheet December 31, 2024 and 2023 Increasel 2024 2023 (Decrease) Accounts Payable $4,000 $8,000 S(2.000) Accrued Liabilities 2,000 1,000 1,000 Long-term Notes Payable 84.000 90.000 (6.000) Total Liabilities $90,000 $97.000 $17.000) How will the change in Accounts Payable be shown on the statement of cash flows? A. as a deduction from investing cash flows B. as a deduction from Net Income in the operating activities section C. as an addition to operating cash flows D. as an addition to Net Income in the operating activities

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