Identify cash flows. (LO 1). For each of the following items, tell whether it is a cash inflow or cash outflow and the section of the statement of cash flows in which the item would appear. (Assume the direct method is used.) Item a. Cash collected from customers b. Proceeds from issue of stock c. Interest payment on loan d. Principal repayment on loan e. Cash paid for advertising f. Proceeds from sale of treasury stock g. Money borrowed from the local bank h. Cash paid to employees (salaries) i. Purchase of equipment for cash j. Cash paid to vendors for inventory k. Taxes paid