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