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.3 E11-26B. (Learning Objectives 2, 3: Distinguish among operating, investing, and financing activities for the statement of cash flows-indirect method) Vanderpool Investments cializes in low-risk

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.3 E11-26B. (Learning Objectives 2, 3: Distinguish among operating, investing, and financing activities for the statement of cash flows-indirect method) Vanderpool Investments cializes in low-risk government bonds. Identify each of Vanderpool's transactions as operativ (O), investing (I), financing (F), noncash investing and financing (NIF), or a transaction that il not reported on the statement of cash flows (N). Indicate whether each item increases (+) or decreases (-) cash. The indirect method is used for operating cash flows. a. Issuance of long-term note payable to borrow cash b. Purchase of treasury stock c. Net income d. Loss on sale of equipment e. Decrease in accounts receivable f. Acquisition of equipment by issuance of note payable Increase in accounts payable h. Payment of cash dividend i. Purchase of long-term investment with cash j. Cash sale of land k. Increase in prepaid expenses 1. Increase in salary payable m. Depreciation of equipment n. Sale of long-term investment o. Issuance of common stock for cash p. Decrease in accrued liabilities 4. Amortization of intangible assets r. Acquisition of building by cash payment s. Payment of long-term debt

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