a) Adjustment of (16,000) in the Operating Section

b) Adjustment of 16,000 in the Operating Section

c) Adjustment of 30,000 in the Operating Section

d) Adjustment of 16,000 in the Investing Section

Based on this income statement for Company ZYX for the year ending December 31, 2014, what adjustment would need to be made to Net Income to account for Gain or Loss in calculating cash flow from Operating Activities using the indirect method? COMPANY ZYX INCOME STATEMENT For the Year Ending 12/31/14 500,000 200,000 300,000 Net Sales Cost of Sales GROSS PROFIT Operating Expenses Research and Development Marketing and Sales Expenses General and Administrative Expense 35,000 60,000 21,000 116,000 184,000 (30,000) 46,000 (10,000) 190,000 57,000 $133,000 TOTAL OPERATING EXPENSES OPERATING INCOME Gain(Loss) on sale of Equipment Gain (Loss) on sale of debt investment Other Income/(Expense) Net INCOME BEFORE TAXES Income Tax Expense NET INCOME Select the appropriate adjustment to the statement of cash flows from the options below