Question 18 A flood damaged a building and contents. The receipts from insurance companies totaled $613000, which was $153250 less than the book values. The tax rate is 25%. On the statement of cash flows (indirect method), the flood loss should be shown as an addition to net income of $153250. be shown as an inflow from investing activities of $114938. not be shown. be shown as an addition to net income of $114938