QUESTION 7 Under the indirect method, an increase in Income Taxes Payable would a. subtracted in the financing section b. added in the financing section c. added in the investing section d. subtracted in the investing section O e. subtracted in the operating section Of. added in the operating section QUESTION 2 Cost of Goods Sold was $50,079, Accounts payable increased by 14,423.and inventory decreased by $16,404 What was the cash paid to suppliers? $