=+EX 16-2 Effect of transactions on cash flows obj. 1

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c. Cash receipt,

$500,000 Identify the type of cash flow activity for each of the following events (operating, investing, or financing):

a. Issued common stock. g. Purchased treasury stock.

b. Redeemed bonds. h. Sold long-term investments.

c. Issued preferred stock. i. Sold equipment.

d. Purchased patents. j. Purchased buildings.

e. Net income. k. Issued bonds.

f. Paid cash dividends.