3. The amortization of bond premium on long-term debt should be presented in a statement of cash flows (using the indirect method for operating activities) as a(n) A) addition to net income. B) deduction from net income. C) investing activity. D) financing activity. 4. When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is added to net income to compute cash provided by/used by operating activities? A) Increase in accounts receivable. B) Gain on sale of land. Amortization of patent. D) All of these are added to net income to arrive at cash flow from operating activities. Page 1