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Classifying inflows and outflows of cash Classify each of the following items as an inflow ( I ) or an outflow ( O ) of

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Classifying inflows and outflows of cash Classify each of the following items as an inflow(I) or an outflow(O) of cash, or neither(N).
Item
Change($)
Item
Change($)
Cash Balance
negative 260
Accounts receivable
plus 1 comma 610
Accounts payable
negative 1 comma 150
Net profits
plus 800
Notes payable
plus 1 comma 460
Depreciation
plus 1 comma 300
Long-term debt
plus 1 comma 090
Repurchase of stock
plus 830
Inventory
plus 240
Cash dividends
plus 820
Fixed assets
plus 470
Sale of stock
plus 1 comma 070
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