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1 . State the section(s) of the statement of cash flows prepared by the indirect method (operating, investing, financing), 2. State the amount 3. Identify

1 . State the section(s) of the statement of cash flows prepared by the indirect method (operating, investing, financing),

2. State the amount

3. Identify whether the amount was a cash inflow or outflow (indicate by a (negative) or positive number)

a.) Received $100,000 from the sale of equipment that orignally cost $50,000 (there are two answers for this item).

b.) Purchased a building for $150,000.

c.) Paid $25,000 in dividends.

d.) Purchased invesments for $30,000 cash.

e.) Inventory increased by $3000.

f.) Depreciation for the year, $10,000.

g.) Issued 50 shares of $10 par common stock for $25 a share, receiving cash.

h.) Accounts receivable increased by $1000.

i.) Accounts Payable increased by $1000.

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