Question 2 Which one of the following will not appear in the operating section under Indirect Method? Depreciation Expense. Payment for cash dividend, Gains from equipment disposal. Increase in prepaid expenses. Question 3 2.5 pts In calculating cash flows from operating activities using the indirect method, a gain on the sale of equipment is ignore because it does not affect cash added to net income not reported on the statement of cash flows deducted from net income