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Exhibit 12-1 Ellie Inc. has the following cash flows to account for: Cash receipts from the sale of long-term bonds. (2) Cash receipts from the

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Exhibit 12-1 Ellie Inc. has the following cash flows to account for: Cash receipts from the sale of long-term bonds. (2) Cash receipts from the sale of equipment. (3) Cash payments for income taxes. (4) Cash receipts from the sale of stock. Cash payments for the purchase of a factory building. 12. Refer to Exhibit 12-1. Which of these items would appear in the operating activities section of the statement of cash flows? a 1& 4 b. 3&5 c. 2 & 5 d. 3 e. None of the answer choices is correct. 13. Refer to Exhibit 12-1. Which of these items would appear in the financing activities section of the statement of cash flows? a 1& b. 3&5 c. 2 & 5 d. 1, 2, & 4 e. None of the answer choices is correct 14. Refer to Exhibit 12-1. Which of these items would appear in the investing activities section of the statement of cash flows? a. 1& 4 b. 2&5 c. 3 d. 2.4.& 5 e. None of the answer choices is correct

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