Question 2 Non cash items can be shown at the bottom of the Statement of Cash Flows. O can be shown in the footnotes to the financial statements. are important transactions that do not affect cash. All of the other items are true about non-cash items. Question 3 Use the following information and the indirect method to determine cash provided by operating activities: Net income Decrease in accounts payable Increase in accounts receivable Increase in inventories Loss on sale of equipment Depreciation expense O $71,000. $24,000. O $38,000. O $70,000. $52,000 $18,000 $25,000 $5,000 $14,000 $20,000 2 pts 2 pts