Entity A prepares its Statement of Cash Flows in accordance with US GAAP using the indirect method for operating activities. Indicate the reporting of the following transaction or event by the major categories on the statement. Accounts Recelvable decreased during the year. Cash Flows From Operating Activities-Add to Net Income Cash Flows From Operating Activities -Deduct from Net Income Cash Flows From Imesting Activities Cash Flows From Financing Activities Non-cash 2. points Entity A prepares its Staternent of Cash Flows in accordance with US GAAP using the indirect method for operating activises. Indicate the reporting of the following transaction or event by the major categories on the statement: Entity A borrowed $600,000 from Bank of Colorado on a long-term note. Cash Flows From Operiting Activities-Add to Net inceme Cash Flows From Operating Activities-Deduct from Net income Cash Flows From lrwesting Actlyities Gash Flows From Financing Activities Non-cash