Which of the following best describes the proper treatment and/or impact on the statement of cash flows? A. Investing activities on the statement of cash flows generally result in a periodic cash inflow for a manufacturing company. B. Under the direct method, depreciation is added back to net income in the statement of cash flows because it is a non-cash expense. C. Investing and financing activities that do not affect cash are not required to be reported on the statement of cash flows. D. Gains or losses on the sale of the equipment are reported as investing activities