CP 14-3 Required: For each of the following items indicate whether it increases, decreases, or has no effect (N/E) on cash flow: Cash flow Inc. Dec. N/E 1. Earning net income for the yel 2. Redemption of preferred stock at face value. 3. Purchase of inventory 4. Issuing common stock for equipment 5. Assuming non-current debt 6. Declaring a cash dividend 7. Collection of an account receivable 8. Payment of an account payable