Each of the following events/amounts is independent of all others.
1. Decrease in inventory.
2. Loss on sale of an asset.
3. Amortization of a patent
4. Increase in wages payable.
5. Increase in accounts receivable.
6. Increase in accounts payable.
7. Depreciation expense.
8. Decrease in prepaid rent.
9. Bad debt expense.
Required:
Indicate whether each of the above items will be added to or deducted from net income to arrive at net cash provided by operating activities.