Wesley, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: Wesley, Inc. Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Increase/(Decrease) Cash $42,000 $25,000 $17,000 Accounts Receivable 32,000 55,000 (23,000) Merchandise Inventory 180,000 123,000 57,000 Total Assets $254,000 $203,000 $51,000 The change in Merchandise Inventory is shown as a negative cash flow in the adjustments to net income. True False