You are provided with the following transactions that took place during a recent fiscal year. Complete the table indicating whether each item affects operating activities, investing activities, financing activities, or is a noncash transaction reported in a separate schedule, and represents a cash inflow or cash outflow or has no cash flow effect. Assume use of the indirect approach.

		Transaction		Statement of Cash Flow Activity Affected		Cash Inflow, Outflow, or No Effect?
(a)		Recorded depreciation expense on the plant assets.		Financing Activity Noncash Transaction Operating Activity Investing Activity		Cash Inflow No Cash Flow Effect Cash Outflow
(b)		Recorded and paid interest expense.		Investing Activity Operating Activity Financing Activity Noncash Transaction		Cash Inflow No Cash Flow Effect Cash Outflow
(c)		Recorded cash proceeds from a disposal of plant assets.		Operating Activity Investing Activity Financing Activity Noncash Transaction		No Cash Flow Effect Cash Outflow Cash Inflow
(d)		Acquired land by issuing common stock.		Investing Activity Noncash Transaction Financing Activity Operating Activity		Cash Inflow No Cash Flow Effect Cash Outflow
(e)		Paid a cash dividend to preferred stockholders.		Noncash Transaction Operating Activity Investing Activity Financing Activity		Cash Inflow Cash Outflow No Cash Flow Effect
(f)		Paid a cash dividend to common stockholders.		Investing Activity Operating Activity Financing Activity Noncash Transaction		No Cash Flow Effect Cash Outflow Cash Inflow
(g)		Recorded cash sales.		Investing Activity Financing Activity Noncash Transaction Operating Activity		Cash Inflow Cash Outflow No Cash Flow Effect
(h)		Recorded sales on account.		Operating Activity Noncash Transaction Investing Activity Financing Activity		Cash Inflow No Cash Flow Effect Cash Outflow
(i)		Purchased inventory for cash.		Financing Activity Noncash Transaction Investing Activity Operating Activity		No Cash Flow Effect Cash Outflow Cash Inflow
(j)		Purchased inventory on account.		Financing Activity Noncash Transaction Operating Activity Investing Activity		Cash Outflow Cash Inflow No Cash Flow Effect