An analysis of comparative balance sheets, the current year's income statement, and the general ledger accounts of Gagliano Corp. uncovered the following items. Assume all items involve cash unless there is information to the contrary.

(a) Payment of interest on notes payable. (h) Issuance of capital stock.

(b) Exchange of land for patent. (i) Amortization of patent.

(c) Sale of building at book value. (j) Issuance of bonds for land.

(d) Payment of dividends. (k) Purchase of land.

(e) Depreciation. (1) Conversion of bonds into common

(f) Receipt of dividends on investment in stock.

stock. (m) Loss on sale of land.

(g) Receipt of interest on notes receivable. (n) Retirement of bonds.

Instructions Indicate how each item should be classified in the statement of cash flows using these four major classifications: operating activity (indirect method), investing activity, financing activity, and significant noncash investing and financing activity.