32. Use this information to answer Northbrook Corporation during the year 1. Sold machinery for $9,000 cash 3. Issued $70,000 worth of stock to acquire an airplane is preparing a statement of cash flows. The following transactions occurred a building for $80,000 cash bonds by issuing $100,000 worth of stock Declared and paid a $10,000 cash dividend Transaction 2 would be found on the statement of cash flows in the b. cash flows from financing activities e. eash flows from investing activities section. e. none of the above 33. Use this information to answer the following question. Northbrook Corporation is preparing a statement of cash flows. The following transactions oceurred during the year 1. Sold machinery for $9,000 cash 2. Purchased a building for $$0,000 cash. 3. Issued $70,000 worth of stock to acquire an airplane. 8 S100,000 worth of stock 5.Declared and paid a $10,000 cash dividend Transasction 3 would be found on the statement of cash fows in the a. cash flows from operating activities section. b. cash flows from financing activities section. c. noncash investing and financing transactions section. d. cash flows from investing activities section e none of the above 34. Use this information to answer the following question. Northbrook Corporation is preparing a statement of cash flows. The following transactions occurred during the year 1. Sold machinery for $9,000 cash 2. Purchased a building for $80,000 cash. 3. Issued $70,000 worth of stock to acquire an airplane. 4. Converted long-term bonds by issuing $100,000 worth of stock. 5. Declared and paid a $10,000 cash dividend. Transaction 4 would be found on the statement of cash flows in the a. cash flows from investing activities section b. cash flows from operating activities section. c. cash flows from financing activities section. d. noncash investing and financing transactions section. e none of the above