30) A company recorded a deferred tax liability in 2021 in the amount of $500. $200 of the deferred tax liability will reverse in 2022 and $300 of the deferred tax liability will reverse in 2023. In a statement of cash flows using the indirect method, the decrease in the deferred tax liability of $300 should be deducted from net income in arriving at cash from operating activity. (True/False)