17) Noncash investing and financing activities can be disclosed either as footnote to the financial statements or as a separate section underneath the statement of cash flows. (True/False) 18) LMN Company sold a plant asset during 2021. The original cost of the plant asset was $700,000 and the accumulated depreciation at date of sale was $600,000. The proceeds from the sale of the plant asset was $80,000. The proceeds from the sale of the plant asset should be shown in the investing section of the statement of cash flows and the gain/(loss) on the sale of the plant asset should be ignored on the statement of cash flows, assuming the indirect method. (True/False) 19) Current tax payable is calculated using the future enacted tax rate. (True/False) 20) Pretax income and income before taxes would typically be different due to temporary differences. (True/False)