Assume the indirect method is used to compute cash flows from operations. For each item listed below, indicate the effect on net income in arriving at cash flows from operations by choosing one of the following terms. 1. Increase in accounts receivable Select an option 2. Increase in inventory Select an option 3. Decrease in prepaid expenses Select an option 4. Decrease in accounts payable Select an option 5. Increase in accrued liabilities Select an option 6. Increase in income taxes payable Select an option 7. Depreciation expense Select an option 8. Loss on sale of investment Select an option 9. Gain on disposal of equipment Select an option 10. Amortization expense Select an option