Impact of Transactions Involving Intangible Assets on Statement of Cash Flows From the following list, identify each item as operating (O), investing (I), fi nancing (F), or not separately reported on the statement of cash fl ows (N).

_______ Cost incurred to acquire copyright _______ Proceeds from sale of patent _______ Gain on sale of patent _______ Research and development costs _______ Amortization of patent Multi-Concept Exercises AppendixLO1