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12 K y Company the indict method o peepare the statement of cash flows Ree lwing i e sta en Kncky Company ncome Staement Year

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12 K y Company the indict method o peepare the statement of cash flows Ree lwing i e sta en Kncky Company ncome Staement Year Ended December 31, 2019 ale Reven Inderest Reven n on Sael Pant Asets Total Reve and Gains Cost of Goods Sold Salary Experse Depreciation Expense Other Operating Expenses Interest Expense Income Tax Expense Total Expenses Net Income (Loss) Z00 ST00 $257300 124000 41.000 14.000 23.000 1900 5200 209.100 $48 200 Additional information provided by the company includes the following 1. Current assets, other than cash, increased by $20,000 2. Current liabilities decreased by $1500. Compute the net cash provided by (used for) operating activities. A) s26,700 B) $40,700 D) $35,600 9 $11,700 13) In preparing a statement of cash flows using the indirect method, the Depreciation Expense A) is shown as a negative cash flow in the investing activities section B) is added back as an adjustment to Net Income in the operating activities section 9 is added back to Purchases of Plant Assets under investing activities D) is shown as a negative cash flow under operating activities 14) Which of the following will be listed in the operating section of the statement of cash flows that is prepared using the indirect method? A) payments to suppliers 9 collections from customers B) increases/decreases in current liabilities D) interest received

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