A recent Statement of Cash Flows for Cabbage Co. Ltd. contained the following information (dollars in millions): Operations $ 26,932 1,698 Net income Depreciation Changes in assets and liabilities Accounts receivable Inventories Other current assets Accounts payable Deferred revenue Other current liabilities Other adjustments Cash generated by operations 186 645 -1,423 3,123 1,689 5,456 2,239 40,545 Required: for each of the asset and liability accounts listed on the Statement of Cash Flows, determine whether the account balances Increased (please indicate "l") or Decreased (please indicate "D") during the period. "D" or "I" Sub-part i. ii. iii. Descriptions Accounts receivable Inventories Other current assets Accounts payable Deferred revenue Other current liabilities iv. v. vi Part c) 9% ABC Co. Ltd. acquired an equipment with an original cost of $500,000 and accumulated depreciation of $200,000 (before sale), and now is sold for $180,000 cash. Required: write down the proper journal entries regarding the above asset disposal, narrative is not required. Account ledger Amount $ i. ii. Indicate "Dr" for debit and "Cr" for credit iii. vi. ix. xii. iv. vii. v. viii. xi. X. 2 Page Part d) 6% Based on the facts and your answers from Part c) above, when we prepare Statement of Cash Flows, what are the required adjustments under indirect method? Description (operating/investing/financing) Adjustment needed ("+" or "-") ii. Amount ($) i. Cash flows from i. iv. Cash flows from iv. activities activities iii. vi. v