Double Boe Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: 2022 2021 Accounts Payable $8,000 $9,000 Accrued Liabilities 3,000 1,500 Long-term Bonds Payable 56.000 60,000 $67,000 $70,500 Total Liabilities Which of the following is false? 1. The change in A/P will be shown as an addition to net income under the operating activities section 2. The change in Accrued Liabilities will be shown as an addition to net income under the operating activities section 3. The change in Long Term Bonds Payable will be shown as a subtraction to net income under the operating activities section 2 Only Only 1 and 3 3 Only 1 Only Only 2 and 3