E12.2 An analysis of HCorp's financial records uncovered the following items. Note that THREE of the items do NOT involve cash (as in "noncash..."). a) Exchange of land for patent. b) Sale of building at book value. "Book Value" is the amount in the acctg records based on "cost-accum deprec" You use the amount to determine if you sold at a "gain" or at a "loss" c) Payment of dividends. d) Depreciation of plant assets. I The entry for Depreciation has no cash flow effect. BUT - It is NOT one of the three "noncash.... It shows up on the Stmnt of Cash Flows in the e) Conversion of bonds into common stock. You saw this same thing in the previous problem. f) Issuance of capital stock. g) Amortization of patent. _? section. Amortization is exactly like depreciation (above) only it is on "intangible" assets. h) Issuance of bonds for land. h) Issuance of bonds for land. 1) Purchase of land. Not related to "h" above. This transaction involves a cash purchase. j) Loss on disposal of plant assets. FYI: this transaction involves TWO separate activities. First, the "loss" Second the cash proceeds rec'd from the sale. k) Retirement of bonds. FYI: you "retire" bonds by paying (the bond debt) off in full. Instructions Analyze the transactions and indicate whether each is an "O" operating activity; "" investing activity; "F" financing activity, or "NC" noncash investing and financing activity. a g h b C d 1 j k e f