Each of the following items must be considered in preparing a statement of cash flows for Cruz Fashions Inc. for the year ended December 31, 2020. For each item, state where it is to be shown in the statement

1.		Fixed assets that had cost $20,000 6 years before and were being depreciated on a 10-year basis, with no estimated scrap value, were sold for $4,750.		Investing and operating activityOperating activityFinancing activityNot reported in statementFinancing and operating activityInvesting activityInvesting and financing activity
2.		During the year, goodwill of $15,000 was considered impaired and was completely written off to expense.		Investing and operating activityOperating activityFinancing activityNot reported in statementFinancing and operating activityInvesting activityInvesting and financing activity
3.		During the year, 500 shares of common stock with a stated value of $25 a share were issued for $32 a share.		Investing and operating activityOperating activityFinancing activityNot reported in statementFinancing and operating activityInvesting activityInvesting and financing activity
4.		The company sustained a net loss for the year of $2,100. Depreciation amounted to $2,000 and patent amortization was $400.		Investing and operating activityOperating activityFinancing activityNot reported in statementFinancing and operating activityInvesting activityInvesting and financing activity
5.		Uncollectible accounts receivable in the amount of $2,000 were written off against Allowance for Doubtful Accounts.		Investing and operating activityOperating activityFinancing activityNot reported in statementFinancing and operating activityInvesting activityInvesting and financing activity
6.		Debt investments (available-for-sale) that cost $12,000 when purchased 4 years earlier were sold for $10,600.		Investing and operating activityOperating activityFinancing activityNot reported in statementFinancing and operating activityInvesting activityInvesting and financing activity
7.		Bonds payable with a par value of $24,000 on which there was an unamortized bond premium of $2,000 were redeemed at 101.