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33. Which of the following should be added to net income in calculating net cash flow from operating activities using the indirect method? a depreciation

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33. Which of the following should be added to net income in calculating net cash flow from operating activities using the indirect method? a depreciation expense b. an increase in inventory c. again on the sale of equipment d. dividends declared and paid 34. A corporation uses the Indirect Statement of Cash Flows. A fixed asset has been sold for $25,000 representing a gain of $3,750. The value in the cocrating activities section regarding this event would be: a $25,000 b. ($3,750) c. $28,750 d $3,750 35. Sales for the year were $600,000. Accounts receivable were $100,000 and $80,000 at the beginning and end of the year. Cash received from customers to be reported on the cash flow statement using the direct method a $700.000 b. $600,000 c. $580,000 d. $620,000

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