17. MC.13-100 The following information is available from the current period financial statements:

Net income $165,000 Depreciation expense 28,000 Increase in accounts receivable 16,000 Decrease in accounts payable 21,000

The net cash flow from operating activities using the indirect method is a. $156,000 b. $188,000 c. $198,000 d. $230,000 18. MC.13-105 Zenith Corporation sells some of its used store fixtures. The acquisition cost of the fixtures is $12,500 and the accumulated depreciation on these fixtures is $9,750 at the time of sale. The fixtures are sold for $5,300. The value of this transaction in the investing section of the statement of cash flows is $2,550 $12,500 $2,750 $5,300 19. MC.13-111 In calculating cash flows from operating activities using the indirect method, a gain on the sale of equipment is added to net income reported supplementally as a noncash investing and financing activity ignored because it does not affect cash deducted from net income 20. MC.13-112 Net income for the year was $45,500. Accounts receivable increased $5,500, and account payable increased by $11,200. Under the indirect method, the cash flow from operations is

$45,500 $28,800 $51,200 $62,200