For each of the following items, indicate how the item should be reported in the statement of cash flows, using the indirect method. Decrease in accounts payable during a period. Declaration and payment of a cash dividend. Loss on sale of land. Decrease in accounts receivable during a period. Redemption of bonds for cash. v Proceeds from sale of equipment at book value. Issuance of common stock for cash. Purchase of a building for cash. Acquisition of land in exchange for common stock. Increase in merchandise inventory during a period. A. Added to net income B. Deducted from net income C. Cash inflow-investing activity D. Cash outflow-investing activity E. Cash inflow-financing activity F. Cash outflow-financing activity G. Significant noncash investing and financing activity QUESTION & Assuming a statement of cash flows is prepared, indicate the reporting of the transactions and events listed here by major categories on the statement. Use the word bank provided to indicate the appropriate category under which the item would appear on the statement of cash flows. Common stock was issued for cash at an amount above par value. Merchandise inventory increased during the period. Depreciation expense was recorded for the period. Building was purchased for cash. Bonds payable were acquired and retired at their carrying value. Accounts payable decreased during the period. Prepaid expenses decreased during the period. Treasury stock was acquired for cash. Land was sold for cash at an amount equal to book value.. Patent amortization expense was recorded for the period. A. Add to Net Income B. Deduct from Net Income C. Cash Flows From Investing Activities D. Cash Flows From Financing Activities