An increase in the Prepaid Expenses account of $1,000 over the course of a year would be shown on the company's statement of cash flows prepared under the indirect method as: a deduction of $1,000 under financing activities. an addition to net income of $1,000 in order to arrive at net cash provided by operating activities. a deduction from net income of $1,000 in order to arrive at net cash provided by operating activities. an addition of $1,000 under financing activities