Hobnob Corp.’s policy is to report all cash flows arising from interest and dividends in the operating activities section. Hobnob’s activities for the year ended December 31, 2018, included the following:

• Net income after taxes for 2018 totalled $125,000.
• Declared and issued a stock dividend valued at $50,000.
• Accounts receivable decreased $32,000 in 2018.
• Sold an at fair value through profit or loss investment for $12,000. The book value was $10,000.
• Interest revenue for the period was $12,000. The interest receivable account decreased $3,000.
• Declared a $20,000 dividend payable. The dividends payable account decreased $12,000 in 2018.
• Sold an at fair value through other comprehensive income investment for $8,000. The book value was $9,000.
• Hobnob recorded a $10,000 goodwill impairment loss during the year.
• Depreciation expense for the year was $8,000.

Required:
a. Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method.
b. Identify how the activities listed above that are not operating activities would be reported in the statement of cash flows.