1 pts D Question 7 Smith Corporation is preparing its 2020 statement of cash flows, using the indirect method. If Smith Corp has a purchase of available-for-sale debt investments during the period, how would this entry be shown on the statement of cash flows? Added to net income in the operating section O Deducted from net income in the operating section O Change in the investing section, Change in the financing section. O Noncash investing and financing activity Smith Corporation is preparing its 2020 statement of cash flows, using the indirect method. If Smith Corp has a sale of land at book value during the period, how would this entry be shown on the statement of cash flows? Added to net income in the operating section. O Deducted from net income in the operating section. Change in the investing section. O Change in the financing section Noncash investing and financing activity, Smith Corporation is preparing its 2020 statement of cash flows, using the indirect method. If Smith Corp has a sale of land at a loss during the period, how would this loss be shown on the statement of cash flows? Added to net income in the operating section. O Deducted from net income in the operating section. Change in the investing section Change in the financing section. Noncash investing and financing activity. During 2020 the Vineland Company had a net income of $95,000. In addition, selected accounts showed the following changes: Accounts Receivable $3,000 increase Accounts Payable 1,000 increase Buildings 4,000 decrease Depreciation Expense 1,500 increase Bonds Payable 8,000 increase What was the amount of cash provided by operating activities? O $84,500 O $85,000 O $86,500 O $94,500