Each of the items below must be considered in preparing a statement of cash flows for Baskerville Co. for the year ended December 31, 2020. For each item, state how it should be shown in the statement of cash flows for 2020 if the indirect method is used, (a) Issued bonds for $200,000 cash. (b) Purchased equipment for $150,000 cash. (c) Sold land costing $20,000 for $20,000 cash. (d) Declared and paid a $50,000 cash dividend. Submit Answer Save for Later Attempts: 0 of 1 used Classify each item as an operating, investing, or financing activity. Assume all items involve cash unless there is information to the contrary (a) Purchase of equipment (b) Proceeds from sale of building, (c) Redemption of bonds payable. > (d) Cash received from sale of goods. le) Payment of dividends. (0) Issuance of common stock. Save for Later Attempts: 0 of 1 used Submit