EX 16-4 Indicate whether each of the following would be added to or deducted from net income in determining net cash flow from operating activities by the indirect method:

er 16 Statement of Cash Flows Ex 16-1 cash flows from operating activities net loss million from On its income statement f net of s 23 flows from of United Airlines, reported a million of cash and the rement cash flows, 1935 loss a tin this apparent contradiction between the flows SeS or and amount of each of the Ex 16-2 Effect of transactions on cash State individually, on cash flows tions, considered on which there w $5,000 of unamortized $525,000 common stock for s30 per share. b, sold 6,000 shares of $20 par s98,200 for S117,500 Sold equipment with a book value of d Purchased land for $322,000 cash. and issuing a s62,500 e. Purchased a building by paying 575,000 cash f sold a new issue of s300,000 of bonds at 101. as treasury stock at $50 g. Purchased 2,500 shares of $40 par common stock issued and 10 h. Paid dividends of $2.00 per share. There were 50,000 shares of treasury stock Ex 16-3 Classifying cash flows the following events (operatin, the type of cash flow activity for each of ing, or financing) Net income h. Sold equipment b. Paid cash dividends i. Issued preferred stock c. Issued common stock d. Issued bonds e. Redeemed bonds Sold long-term investments Ex 16-4 flows from operating activities-indirect method from net income Indicate Cash added to or deducted whether each of the following would be in determining net cash flow from operating activities by the indirect method g. Increase in salaries payable a. Decrease in merchandise inventory h. Decrease in prepaid expenses b. Increase in accounts receivable c. Increase in accounts payable Increase in notes payable due in 12 d. Loss on retirement of long-term debt to vendors Depreciation of fixed assets f Decrease in notes receivable due in k. Gain on disposal of fixed assets 60 days from customers