1. Determine if each transaction would be shown in the Operating Activities, Financing Activities, or Investing Activities section of the statement of cash flows. a Payment for insurance for $15,000 for the upcoming year b. Issuance of 5,000 shares of common stock C. Sale of old equipment for $1,200 2. Indicate whether each of the following would be added to or deducted from net income in determining net cash flow from operating activities by the indirect method: a Decrease in prepaid expenses b. Increase in inventory c. Decrease in income taxes payable 1. Determine if each transaction would be shown in the Operating Activities, Financing Activities, or Investing Activities section of the statement of cash flows, a. Payment for insurance for $15,000 for the upcoming year b. Issuance of 5,000 shares of common stock c. Sale of old equipment for $1,200