You are provided with the following information regarding events that occurred at Moore Corporation during 2025 or changes in account balances as of December 31, 2025.

a. Depreciation expense was \(\$ 80,000\).

b. Interest Payable account increased \(\$ 5,000\).

c. Received \(\$ 26,000\) from sale of plant assets.

d. Acquired land by issuing common stock to seller.

e. Paid \(\$ 17,000\) cash dividend to preferred stockholders.

f. Paid \(\$ 4,000\) cash dividend to common stockholders.

g. Accounts Receivable account decreased \(\$ 10,000\).

h. Inventory increased \(\$ 2,000\).

i. Received \(\$ 100,000\) from issuing bonds payable.

j. Acquired equipment for \(\$ 16,000\) cash.

Instructions

Moore prepares its statement of cash flows using the indirect method. Complete the first column of the table, indicating whether each item affects the operating activities section \((\mathrm{O})\) (that is, the item would be listed among the adjustments to net income to determine net cash provided by operating activities under the indirect method), investing activities section (I), financing activities section (F), or is a noncash (NC) transaction reported in a separate schedule. For those items classified as operating activities (O), indicate whether the item is added (A) or subtracted (S) from net income to determine net cash provided by operating activities.

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(1) Statement of Cash Flow Section Affected (2) Operating, Should It Be Added (A) to or If Subtracted (S) from Net Income