At the beginning of 2009, Baldwin Corporation bought an automobile for $36,000 by issuing a note payable. The automobile has a six-year life and is depreciated using the straight-line method. To determine net cash flow from operating activities for 2009 using the indirect method, net income should be
A). Increased by $6,000.
B). Decreased by $6,000
C). Increased by $42,000.
D). Neither increased nor decreased. No adjustments are necessary since no cash was received or paid