Please answer ALL QUESTIONS #1-10

correctly! i will rate very quickly upon receiving the correct answers

ABC Inc. reports a net income of $165,000. Included in net income is a gain on the sale of land of $20,000. A comparison of this year's and last year's balance sheets reveals an increase in accounts receivable of $35,000, an increase in inventory of $20,000, and a decrease in accounts payable of $55,000. Required: Prepare the operating activities section of the statement of cash flows using the indirect method. Then, answer the following questions: If there is any Depreciation, Amortization, or Depletion expense it should be ... deducted from the net income because they are cash activities added to the net income because they are non-cash activities added to the net income because they are cash activities deducted from the net income because they are non-cash activities Question 2 1 pts Any Gain in the income statement should be ... deducted from the net income because they are non-cash activities added to the net income because they are non-cash activities added to the net income because they are cash activities deducted from the net income because they are cash activities Question 3 1 pts Any Loss in the Income statement should be added to the net income because they are non-cash activities deducted from the net income because they are non-cash activities deducted from the net income because they are cash activities added to the net income because they are cash activities Question 4 1 pts Any increase in Current Assets should be ... It depends on the circumstances None of the above. Added to Net Income Dedected from Net Income Any Decrease in Current Assets should be ... Added to Net income None of the above. It depends on the circumstances Dedected from Net Income Question 6 1 pts Any increase in Liability should be ... None of the above. It depends on the circumstances Dedected from Net Income Added to Net Income Question 7 1 pts Any decrease in Liability should be ... It depends on the circumstances Added to Net Income Dedected from Net Income None of the above. Question 8 1 pts The net cash flows from operating activities for ABC Inc. is: Question 9 1 pts The increase in Accounts Receivable should be deducted from the net income. True False A decrease in Accounts Payable should be added to the net income. True False