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1. Statement of Cash Flows: Cash Flow from Operating Activities, Indirect Method. Indic whether each of the following items would be added to net income,

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1. Statement of Cash Flows: Cash Flow from Operating Activities, Indirect Method. Indic whether each of the following items would be added to net income, subtracted from net income or not included in the Operating Activity section. Use the letters "A" for added;' subtracted or "N" for not included in Operating Activity section. Answer S A) a. . N Example: Increase in Accounts Receivable Decrease in Accounts Payable b. Decrease in Inventory c. Increase in Bond Payable d. Increase in Common Stock Decrease in Accounts Receivable f. Depreciation Expense g. Decrease in Equipment h. Increase in Prepaid Rent i. Decrease in Prepaid Insurance j. Loss on sale of Equipment e. A s 2. Phan Corporation manufactures MP3 players, generally selling from 20,000 to 30,000 TL. fall...incart data annk to the activity levels shown

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