Assume that Quimby Corporation only uses the INDIRECT METHOD for computing their statement of cash flows. Selected accounts from Quimby Corp's balance sheet accounts as of December 31, 2014 and 2015 are presented points below Cash Short-term investments Accounts receivable (net) Inventory Long-term investments Plant assets assets Accounts payable Notes payable (nontrade) Common stock, $10 par Additional paid-in capital Retained earnings December 31 2015 | 2014 S110.000 $50.000 150.000 255.000 255.000 345.000 300 000 100.000 150,000 850.000 500.000 $415.000 $360.000 145.000 400.000 350.000 200.000 125.000 470.000 2 45.000 The proper adjustment for the increase in Accounts Payable would be Decrease in cash from operating activities. The amount is $55.000 Decrease in cash from financing activites. The amount is $55.000. Increase in cash from operating activities. The amount is 555.000, Increase in cash from financing activities. The amount is 555,000