For each of the following activities that may take place during the accounting period, indicate the effect on the statment of cash flows prepare using the indirect method. Choices may be selected as the answer for more than one question.

1. Increase cash from investing activities a. Increase in accounts receivable balance
2. Decrease cash from financing activities. b. Sale of land
3. Decrease cash from operating activities c. Acquisition of treasury stock

d. decrease in accounts payable balance

e. GAin on sale of investments