Examine each of the following items to determine

(a) where on the statement of cash flows the item should be included, or

(b) if it should be included in the schedule of noncash investing and financing activities, or

(c) if it should not be included in either the statement of cash flows or the schedule of noncash investing and financing activities. Prepare a table for your answers and record your answers by placing a check in the appropriate columns.

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a. b. C. A six-month note receivable was accepted in exchange for a building that had been used in operations. A cash dividend that was declared in a previous period was paid in the current period. Surplus merchandise inventory was sold for cash. d. Paid cash to purchase a e. f. trademark. Long-term bonds payable were retired by issuing common stock. Borrowed cash from the bank by signing a six-month note payable. Statement of Cash Flows Operating Activities Investing Activities Financing Activities Schedule of Noncash Investing and Financing Activities Not Reported on Statement or Schedule