An account like Discount on Bonds Payable is called a/an _____________ account when it is related to another account in a negative way.

Question 15 options:

	Expense
	Adjunct
	Income
	Contra

The net income reported on the income statement for the current year is $125,000, Depreciation Expense recorded on plant assets was $15,000, and Loss on the Sale of Investments is $7,000. What is the amount of cash flows from operating activities that would appear on the Statement of Cash Flows?

Question 16 options:

	$125,000
	$140,000
	$147,000
	$128,000