$12,000 and all other expenses. Current assets increased by $11,000, and current liabili ties decreased by $13,000. Using the indirect method, how much was Finlay, Inc.'s net d. Depreciation expense 5. Finlay, Inc., earned net income of $63,000 after deducting depreciation expense of cash flow from operating activities? a. $37,000 b. $39,000 C. $51,000 d. $27,000 6. The Fixed Assets account of Hamilton, Inc., shows: Beginning balance Purchase Ending balance Fixed Assets, Net 91,000 Depreciation expense 365,000 Sale 376,000 30,000 ? Hamilton, Inc., sold fixed assets at an $18,000 gain. How much should Hamilton, Inc., report for the sale? a. Cash flows from investing activities, $18,000 b. Cash flows from investing activities, $68,000 c. Cash flows from investing activities, $32,000 d. Cash flows from investing activities, $50,000