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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] [Select] W added to subtracted from added to Net Income for A company is $100,000. The company had $14,000 in depreciation expense, a loss on the sale of Equipment of $1,000, an increase in accounts payable of $7,000, a decrease in accounts receivable of $5,000, an increase in inventory of $6,000, and a decrease in unearned revenue of $2,000. Fill out the Cash Flow Statement below. Note that $XX represents an addition an ($XX) represents a subtraction. A Company Cash Flow Statement ent Cash Flow from Operating Activities Net Income [Select] Depreciation Expense (Select) Gain/Loss on Sale of Assets [Select] Increase in Accounts Payable Select] SHA represents a subtraction. A Company Cash Flow Statement Cash Flow from Operating Activities Net Income [Select] Depreciation Expense [Select) Gain/Loss on Sale of Assets Select) [Select Increase in Accounts Payable Select $1,000 ($1,000) Select Decrease in Unearned Revenue Decrease in Accounts Receivable [Select) Increase in Inventory [Select) Net Increase/Decrease from Operating Activities [Select)

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