For each of the following activities that may take place during the accounting period, indicate the (1) effect (a-g) on the statement of cash flows prepared using the indirect method and (2) the amount of increase/decrease in cash. Choices may be selected as the answer for more than one question.

(a) increase cash from operating activities

(b) decrease cash from operating activities

(c) increase cash from investing activities

(d) decrease cash from investing activities

(e) increase cash from financing activities

(f) decrease cash from financing activities

(g) noncash investing and financing supplement

Transaction	Effect on the statement of cash flows (enter a-g)	Impact on cash
1. Accounts payable increased $2700
2. Recognized depreciation expense of $6800
3. Sold 5000 shares of common stock, $2 par value, at $17/share
4. Sold land for $5700, cost basis was $5000
5. Inventories increased $2300
6. Bought $10,000 of Instagram stock
7. Traded $9000 of common stock for a truck
8. Cash dividends declared and paid $7300
9. Decrease in taxes payable, $7000
10. Sold $100,000 of bonds at 101

2. Enterprise Environmental Roofing has the following stockholder's equity account balances in stockholders equity on 12/31/17:

Common Stock ? par, 60,000 shared issued	$120,000
Paid in Capital in Excess of Par - Common Stock	900,000
Preferred stock - $100 par ? shares issued	900,000
Paid In Capital in Excess of Par - Preferred	100,000
Retained Earnings	700,000
Treasury Stock (cost - $12 per share)	60,000

Answer the following questions: 1. How many shares of treasury stock are owned?

2. What was the average market price per share at which common stock was issued?

3. What is the total value of the paid-in capital portion of stockholders' equity?

4. What is the total value of stockholders' equity?

5. How many shares of common stock are outstanding?

6. What is the par value of the common stock?

7. How many shares of preferred stock were issued?