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Accounting

The first image is the original question, the second shows the answer choices for the rest of the boxes. imageimage

Question 3 1.75 pts When creating the operating section of the cash flow statement using the indirect method are the following adjustments added to Net Income or subtracted from Net Income? Depreciation expense [Select] Gain on sale of long-term asset [Select] Loss on sale of long-term asset [Select] Increase in short-term liabilities Select] Decrease in short-term assets [Select] Decrease in short-term liabilities [Select] Increase in short-term assets [Select] Question 3 1.75 pts When creating the operating section of the cash flow statement using the indirect method are the following adjustments added to Net Income or subtracted from Net Income? Depreciation expense (Select ] added to subtracted from Gain on sale of long-term asset [Select] Loss on sale of long-term asset [Select] Increase in short-term liabilities Select] Decrease in short-term assets Select Decrease in short-term liabilities [Select] Increase in short-term assets [Select]

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