When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is added to net income to compute cash provided by/used by operating activities? a. Increase in accounts receivable. b. Gain on sale of land. c. Amortization of patent. d. All of these are added to net income to arrive at cash flow from operating activities. 11. Equipment which cost $426,000 and had accumulated depreciation of $228,000 was sold for $222,000. This transaction should be shown on the statement of cash flows (indirect method) as a(n) a. addition to net income of $24,000 and a $222,000 cash inflow from financing activities. b. deduction from net income of $24,000 and a $222,000 cash inflow from investing activities. c. deduction from net income of $24,000 and a $198,000 cash inflow from investing activities. d. addition to net income of $24,000 and a $198,000 cash inflow from financing activities