Statement of Cash Flows F06-22b

Name some items which are generally deducted from net income, under the indirect cash flow method.

1. Gains from sale of assets.
2. Amortization of discount on bond investment.
3. Amortization of premium on bond payable.
4. Undistributed income under equity method of accounting for investments.
5. Increases in current assets.
6. Decreases in current liabilities.
7. Decreases in unearned revenue.