Financial statements - Income statement for 204 and Comparative Balance Sheet for diving equipment manufacturer Lincoln Corp for December 31,204 and 203 Additional Information for Lincoln Corp: 1) Operating expenses for 204 included depreciation for $500 2) Accounts payable relate exclusively to the purchase of inventory 3) Machine with a historical cost of $200 was sold at a los5 of $20 4) A new machine was purchased during the year for $1,200 5) Dividends were declared 6) Long term notes payable were issued If the company uses ASPE, the Net Cash provided (used) by operating activities when using the indirect method is: 6) Long term notes payable were issued If the company uses ASPE, the Net Cash provided (used) by operating activities when using the indirect method is: Multiple Choice None of the other aiternatives are correct $1,820 more than $2.000 51,570 less than 5250 Financial statements - Income statement for 204 and Comparative Balance Sheet for diving equipment manufacturer Lincoln Corp for December 31,204 and 203 Additional Information for Lincoln Corp: 1) Operating expenses for 204 included depreciation for $500 2) Accounts payable relate exclusively to the purchase of inventory 3) Machine with a historical cost of $200 was sold at a los5 of $20 4) A new machine was purchased during the year for $1,200 5) Dividends were declared 6) Long term notes payable were issued If the company uses ASPE, the Net Cash provided (used) by operating activities when using the indirect method is: 6) Long term notes payable were issued If the company uses ASPE, the Net Cash provided (used) by operating activities when using the indirect method is: Multiple Choice None of the other aiternatives are correct $1,820 more than $2.000 51,570 less than 5250