$6$ pts

Classify each of the following cash flows as operating, investing, financing activities or noncash iterns and indicate whether the item would be added or subtracted on the Statement of Cash Flows. The company uses the indirect method to prepare the operating section.

Indicate your response by selecting the correct answer from the dropdown box.

Sold investments for cash

Net loss

Purchase of building for cash

Cash payment of bonds par value

Exchange of building for common stock

$[$ Choose $]$

Operating $-$ Subtracted

Financing $-$ Added

Noncash Item

Operating $-$ Added

Investing $-$ Added

Financing $-$ Subtracted

Transaction does not go on the Statement of Cash Flows Investing $-$ Subtracted

$[$Choose$]$

Cash received from long$-$term borrowing