Changes in various accounts and gains and losses on the sale of assets during the year for Argon Company are given below: Item Accounts receivable Inventory Prepaid expenses Amount $ 90,000 decrease $ 120,000 increase $ 3,000 decrease Accounts payable $ 65,000 decrease Accrued liabilities $ 8,000 increase Income taxes payable, $ 12,000 increase Sale of equipment $ 7,000 gain Sale of long-term investments $ 10,000 loss Required: For each item, indicate whether the dollar amount should be added to or deducted from net income under the indirect method when computing the net cash provided by operating activities for the year. Item Amount Effect Accounts receivable $ 90,000 Inventory $ 120,000 Prepaid expenses $ 3,000 Accounts payable $ 65.000 Accrued Sabilities $ 8,000 Income taxes payable $ 12,000 Sale of equipment $ 7.000 Sale of long-term investments $ 10.000