For each of the following items, indicate whether it would appear on a statement of cash flows prepared using the direct method (D) or the indirect method (I).
______ 1. Net income
______ 2. Increase in accounts receivable
______ 3. Collections on accounts receivable
______ 4. Payments on accounts payable
______ 5. Decrease in accounts payable
______ 6. Depreciation expense
______ 7. Gain on early retirement of bonds
______ 8. Cash sales