QUESTION 13 Net income for the year was $45,s00. Accounts receivable increased by $$,500 and account payable increased by $11,200. Under the indirect method, the cash flow from operations is Oa. $28,800 O b$62,200 c. $5 1,200 d.$45,500 QUESTION 14 A building with a cost of $153,000 and accumulated depreciation of $42.000 was sold for an $11,000 gain. the cash generated from this investing activity was $121,000. True False QUESTION 15 Repayments of bonds would be shown as a cash outflow in the investing section of the statement of cash flows. True False QUESTION 16 statement of cash flows, the corect order of reporting cash activities is financing, operating, and investing. In preparing the True False QUESTION 17 The declaration and issuance of a stock dividend would be reported on the statement of cash flows True False