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Destiny Corporation is preparing its statement of cash flows by the indirect method. Destiny has the following items for you to consider in preparing the

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Destiny Corporation is preparing its statement of cash flows by the indirect method. Destiny has the following items for you to consider in preparing the statement (Click the icon to view the items) Identify each item as ain) Operating activity addition to net income (O) or subtraction from net income (0) Investing activity cash inflow (l) or cash outfiow (1) Financing activity cash flow (F) or cash outflow (F) Activity that is not used to prepare the indirect statement of cash flows (N) 0 a. Increase in accounts payable b. Payment of dividends

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