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Question(s) / Instruction(s):

An increase in the taxes payable account of $1,000 over the course of a year would be shown on the companys statement of cash flows prepared under the indirect method as: A. an addition to net income of $1,000 in order to arrive at net cash provided by operating activities B. a deduction from net income of $1,000 in order to arrive at net cash provided by operating activities C. an addition of $1,000 under financing activities D. a deduction of $1,000 under financing activities

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