When a company increases accounts payable from one year to the next, the effect on cash flows from operating activities 1) is a decrease in cash caused by paying down our debt to vendors 2) is an increase in cash because we have not paid cash for all the inventory and services purchased on credit during the period. 3) is a decrease to cash because we will have to pay these liabilities in the future 4) is an increase to cash because we have received cash from vendors Karl Company purchased a table for $20,000. Depreciation taken to date was table was sold today for $22,000. What is the net result? $7,000. The 1) $29,000 gain 2) $22,000 gain 3) $9,000 gain 4) $13,000 gain Which one of these is true about these 3 depreciation alternatives? Same depreciation each period. Depreciation based on usage. More depreciation early 1) Double declining,Straight line, Units of production 2) Units of production, Double declining, Straight line 3) Straight line, Double declining, Units of production 4) Straight line, Units of production, Double declining