In calculating cash flows from operating activities using the indirect method, a loss on the sale of equipment is Added to net income O Ignored because it does not affect cash Deducted from net income O Not reported on the statement of cash flows Question 10 O pts Which of the following would not be added to net income using the indirect method? O Increase in Accounts Receivable O Increase in Accounts Payable O Depreciation Expense O Decrease in Inventory