Cullumber Corporation had the following transactions. 1. 2. 3. Sold land (cost $10,900) for $13,900. Issued common stock at par for $20,000. Recorded depreciation on buildings for $15,900. Paid salaries of $7,900. Issued 800 shares of $1 par value common stock for equipment worth $6,400. Sold equipment (cost $8,400, accumulated depreciation $5,880) for $1,008. 4. 5. 6. For each transaction above, (b) indicate how it would affect the statement of cash flows using the indirect method. (Do not leave any answer field blank. Enter O for amounts. Select "Not Reported" if it is not reported on the statement of cash flows. Select "Not Applicable" if it does not belong to any section.) 1. Cash receipt Reported Investing section Gain on disposal of plant assets Reported Operating section 2. Cash receipt Reported > Financing section 3. Depreciation expense Reported Operating section 4. Not reported Not Applicable Salaries and wages expense Common stock for equipment 5. Reported Investing and Financing section 6. Cash receipt Reported Investing section Loss on disposal of plant assets Reported Operating