When preparing a statement of cash flows using the indirect method, which of the following is correcf?

Multiple Choice

Proceeds from the sale of equipment should be added back to net income in the operating activities section

A loss on the sale of land should be added back to net income in the operating activees section

The declaration of a cash dividend should be a use of cash in the operatimg activies section.

The sole of plant assets should be a use of cash in the financhng ecovies rection

The purchase of land and a building by issuing a long term nole pepsbie thould be a souce of cash in the francugg activoes section