Are these correct

Saved Help Save & Exit When using the indirect method to complete the cash flows from operating activities section of the statement of cash flows, what is the proper treatment of depreciation expense? Multiple Choice Subtract depreciation from net income Add depreciation to net income Disregard depreciation because it relates to on investing activity Disregard depreciation because it is a noncash expense Di 23 Next When using the indirect method to prepare the statement of cash flows, how is an increase in current liabilities handled? Multiple Choice It is subtracted from net income in the cash flows from operating activities section It is subtracted from current assets in the cash flows from financing activities section ) It is added to net income in the cash flows from operating activities section O . It is added to inventory purchases in the cash flows from investing activities section O When using the indirect method to complete the cash flows from operating activities section of the statement of cash flows, what is the proper way to handle a loss on a sale of equipment? Multiple Choice O Disregard the loss because it relates to an investing activity Disregard the loss because it relates to a financing activity Add the loss to net income C) Subtract the loss from net income