Nelson Corp $\quad$ $\quad$ $\quad$ $\quad$ $\quad$

Nelson Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet:
$\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ Nelson Corp..
$\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ Comparative Balance Sheet
$\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ December 31, 2014 and 2013
$\begin{array}{lrrr} & 2014 & 2013& \text { Increase/decrease } \\\text { Accounts Payable } & \$ 8,000 & \$ 9,000 & \$( 1,000) \\\text { Accrued Liabilities } & 3,000 & 1,500 & (1,500) \\\text { Long-Term Notes Payable } & (56,000) &60,000 & (4,000) \\ \text { Total liabilities} & \$67,000 &\$70,000 & \$(3,500) \\\hline\end{array}$ The change in Accrued Liabilities will be shown as a negative cash flow in the adjustments to Net Income.