USE THE FOLLOWING INFORMATION FOR #11 & 12: Cash paid on January 1, 20X7 for two years' worth of rent = $12,000 Rent Expense for 20X7 & 20X8 = $6,000 Q11: To get from net income to cash at end of year one using the INDIRECT METHOD we must subtract how much? Just input the amount - do not use a negative sign, dollar sign or decimal. Q12: In which section does this belong? O operating O non-operating O investing O financing O non-cash activities O footnotes