Question 6 (1 point) Applegate Ltd. reported a loss of $10,000 for the year. During the year, accounts receivable decreased by $3,000, inventory increased by $5,000, accounts payable increased by $11,000, and depreciation expense of $6,000 was recorded. Using the indirect method, operating activities A) used net cash of $17,000. B) provided net cash of $15,000. O C) provided net cash of $5,000. D) used net cash of $23,000. Question 7 (1 point) Which one of the following transactions does not affect cash during a period? A) repayment of a bank loan B) write-off of an uncollectible account receivable O O C) collection of an account receivable d D) sale of common shares Question 8 (1 point) Investing activities reported on the statement of cash flows include: A) repayment of debts. B) collecting the principal on loans receivable. O C) obtaining capital from investors. OD) obtaining cash from creditors