Question: When creating the operating section of the cash flow statement using the indirect method are the following adjustments added to Net Income or subtracted from

 When creating the operating section of the cash flow statement using
the indirect method are the following adjustments added to Net Income or
subtracted from Net Income? Depreciation expense (Select] Gain on sale of long-term

When creating the operating section of the cash flow statement using the indirect method are the following adjustments added to Net Income or subtracted from Net Income? Depreciation expense (Select] Gain on sale of long-term asset [Select ] Loss on sale of long-term asset (Select] Increase in short-term liabilities (Select] Decrease in short-term assets [Select] Decrease in short-term liabilities (Select] Increase in short-term assets (Select] [Select] W added to subtracted from added to Net Income for A company is $100,000. The company had $14,000 in depreciation expense, a loss on the sale of Equipment of $1,000, an increase in accounts payable of $7,000, a decrease in accounts receivable of $5,000, an increase in inventory of $6,000, and a decrease in unearned revenue of $2,000. Fill out the Cash Flow Statement below. Note that $XX represents an addition an ($XX) represents a subtraction. A Company Cash Flow Statement ent Cash Flow from Operating Activities Net Income [Select] Depreciation Expense (Select) Gain/Loss on Sale of Assets [Select] Increase in Accounts Payable Select] SHA represents a subtraction. A Company Cash Flow Statement Cash Flow from Operating Activities Net Income [Select] Depreciation Expense [Select) Gain/Loss on Sale of Assets Select) [Select Increase in Accounts Payable Select $1,000 ($1,000) Select Decrease in Unearned Revenue Decrease in Accounts Receivable [Select) Increase in Inventory [Select) Net Increase/Decrease from Operating Activities [Select)

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