This Question: 5 pts 12 of 20 (8 complele) Depreciation expense is added to net income when reconciling net income to net cash provided by operating activities because it A. conserves cash outflows for taxes. B. reduces net income but has no effect on cash, so we add depreciation expense to net income to cancel the deduction OC represents a cash inflow O D. is a tax deduction that reduces the payment of taxes. Click to select your answer. On January 1, 2017, the Bonds Payable account has a balance of $710 000 On December 31, 2017 the Bonds Payable account has a balance of S800 000 During 2017 one bond of $10.000 was retired No discounts or premiums were amortized in 2017 What amount of new bonds were issued in 20172 OA $90.000 G B. 580.000 O C. S0 OD. $100.000 Anew Health Care Company reports net income of$180,000 and Depreciation Expense of S16 000 for the vear ending December 31, 2017 No long-term assets were sold or exchanged during 2017 They also have the following data available December 31 2017 December 31, 2016 Current Assets Cash $29,000 $83,000 100.000 75.000 Accounts Receivable Inventory Total Current Assets $158.000 $95 000 $282.000 S258 000 Current Liabilities O A. $50.000 O B. $176.000 OC. s82 000 O D. $102.000 Click to select your answer Interest paid on debt would be reported on a statement of cash flows, prepared by using the direct method, under O A. financing activities. O B. noncash activities. O C. operating activities O D. investing activities