12) Kentucky Company uses the indirect method to prepare the statement of cash flows. Refero following income statement Kentucky Company Year Ended December 31, 2019 $250.000 Income Statement Sales Revenue Interest Revenue Gain on Sale of Plant Assets Total Revenues and Gains Cost of Goods Sold Salary Expense Depreciation Expense Other Operating Expenses Interest Expense Income Tax Expense Total Expenses Net Income (Loss) 2200 5100 $257.300 124.000 41.000 14,000 23,000 1900 5200 209.100 $48,200 Additional information provided by the company includes the following: Current assets, other than cash, increased by $20,000. 2. Current liabilities decreased by $1500. 1. Compute the net cash provided by (used for) operating activities A) $26,700 B) $40,700 9 $11,700 D) $35,600 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