Which of the following is reported in the Investing section of Bernie's Ltd cash flow statement when using the indirect method? Which of the following is reported in the Investing section of Bernie's Ltd cash flow statement when using the indirect method?

Multiple Choice

Purchase of PPE reflected as $$735,000$

Purchase of PPE reflected as $($$$735,000)$

Purchase of PPE reflected as $($$$735,000)$ and Purchase of a subsidiary reflected as $($$$26,000)$

None of the other alternatives are correct

Purchase of a subsidiary reflected as $($$$26,000)$Additional information:

PPE purchases during $205$ were $$735,000$

Issuance of mortgage payable during $20$X$5$ $$226,000$

The company follows ASPE.

All prepaid expenses at the beginning of the year expired during $20$X$5.$

$$5,000$ was accrued for operating expenses at year end.