The Amortization of Patents Should Be Presented in a Statement

Multiple Choice

The amortization of patents should be presented in a statement of cash flows prepared using the indirect method as a(n)

A) inflow and outflow of cash.
B) outflow of cash.
C) addition to net income in the adjustments to reconcile net income to cash from operating activities.
D) deduction from net income in the adjustments to reconcile net income to cash from operating activities.
E) None of these answers is correct.