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Classify each of the following items as an inflow (1) or an outflow (O) of cash, or as neither (N). Item Change ($) 1,0 or

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Classify each of the following items as an inflow (1) or an outflow (O) of cash, or as neither (N). Item Change ($) 1,0 or N Change ($) 1, O or N Cash +100 -700 Accounts payable Notes payable -1,000 +500 Item Accounts receivable Net profits Depreciation Repurchase of stock Cash dividends Sale of stock +600 +100 +600 Long-term debt -2,000 Inventory Fixed assets +200 +400 +800 +1,000

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