Aqua Pools Inc. had the following activity in its most recent year

of operations.

(a) Purchase of delivery truck. (g) Purchase of treasury stock.

(b) Issuance of bonds payable. (h) Gain on sale of equipment.

(c) Sale of investments for no gain or loss. (i) Goodwill impairment.

(d) Amortization of intangible assets. (j) Payment of dividends.

(e) Conversion of bonds into stock. (k) Sale of treasury stock.

(f) Exchange of building for land. (l) Decrease in interest payable on note payable.

Instructions

Classify the items as (1) operatingadd to net income; (2) operatingdeduct from net income;

(3) investing; (4) financing; or (5) significant noncash investing and financing activities. Use the indirect method.