How would an increase in the Accounts Receivable account of a company from $40,000 at the beginning of the year to $60,000 at the end of the year be shown on the company's statement of cash flows prepared under the indirect method? As an addition to net income of $20,000 in order to arrive at cash flows from A) operating activities B1 C) operating activities D) operating activities As an addition to net income of $40,000 in order to arrive at cash flows from operating activities As a deduction from net income of $20,000 in order to arrive at cash flows from deduction from net income of $60,000 in order to arrive at cash flows from As a 2 How would an increase in the Prepaid Insurance account of $5,000 over the course of a year be shown on the company's statement of cash flows prepared under the indirect method? A) As an addition of $5,000 under financing activities B) As a deduction of $5,000 under financing activities As an addition to net income of $5,000 in order to arrive at net cash provided C) operating activities As a deduction from net income of $5,000 in order to arrive at net cash provided D) by operating activities How would an increase in the Income Taxes Payable account of a company from $20,000 at the beginning of the year to $60,000 at the end of the year be shown on the company's statement of cash flows prepared under the indirect method? As an addition to net income of $40,000 in order to arrive at cash flows from A) operating activities B) As a cash flow of $40,000 under the investing activities heading c As a cash flow of $40,000 under the financing activities heading C) As a deduction from net income of $40,000 in order to arrive at cash flows from D) operating activities Which of the following would be deducted from net income for purposes of constructing a statement of cash flows using the indirect method? A) An increase in accounts payable B) An increase in accrued liabilities c) An increase in accumulated depreciation DAn increase in prepaid expenses