The balances of the current asset and current liability accounts at the beginning and end of the year are listed below. Determine if the balance increased or decreased and indicate whether each of the following would be added to or deducted from net income in determining the net cash flow from operating activities using the indirect method.
End of Beginning of Increase Add or
Year Year (Decrease) Deduct
a)Accounts receivable 74,000 84,100
b)Prepaid expenses 5,100 6,600
c)Accounts payable 39,400 33,200
d)Salaries payable 5,000 7,000
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