11. How many of the following items should Kelly's Kitchen Inc.'s list in its operating section of its cash flow statement? Sale of land Increase in Stock Repurchases Increase in Wages Payable Payment of Income Taxes Issuance of Mortgage Payable Purchase of Equipment a. Two Items b. Three Items c. Four Items d. Five Items 12. Blinder Inc. has a portfolio of marketable equity securities that it does not intend to sell in the near term. How should Blinder Inc. classify and report gains and losses from these securities if it does not elect the fair value option to report these securities? a. Classify as trading securities and report as a separate component of other comprehensive income. b. Classify as available for sale securities and report as a separate component of other comprehensive income. Classify as available for sale securities and report as a component of income from continuing operations. d. Classify as trading securities and report as a component of income from continuing operations. c