(Adjustments to net income when using the indirect method of calculating cash from operations, LO 3) Tracadie Inc. (Tracadie) uses the indirect method to calculate and report cash from operations in its cash flow statement. For each of the following items indicate whether the item would be added to net income, deducted from net income, or not be relevant when calculating cash from operations.

a. Loss on the sale of office furniture from Tracadie’s executive offices.

b. Dividends paid.

c. Purchase of a building.

d. Increase in accounts payable.

e. Decrease in inventory.

f. Sale of land.

g. Decrease in accrued liabilities.

h. Increase in long-term debt.

i. Gain on the sale of equipment used by Tracadie to provide its services.

j. Increase in accounts receivables.

k. Depreciation expense.