Identify the letter of the choice that best completes the statement or answers the question. Cash flows from operating activities, as reported on the statement of cash flows using the indirect method, would include: receipts from the sale of investments payments for dividends net income receipts from the issuance of capital steel. Cash paid to purchase long-term investments would be reported in the statement of cash flows in: the cash flows from operating activities section the cash flows from financing activities section the cash flows from investing activities section a separate schedule Which of the following does not represent an outflow of cash and therefore would not be reported on the statement of cash flows as a use of cash? purchase of noncurrent assets purchase of treasury stock discarding an asset that lead been fully depreciated payment of cash dividends Which of the following represents an inflow of cash and therefore would be reported on the statement of cash flows? appropriation of retained earnings acquisition of treasury stock declaration of stock dividends issuance of long-term debt On the statement of cash flows prepared by the indirect method, the cash flows from operating activities section would include: receipts from the sale of investments Depreciation Expense payments for cash dividends receipts from the issuance of capital stock Depreciation on factory equipment would be reported in the statement of cash flows prepared by the indirect method in: the cash flows from financing activities section the cash flows from investing activities section a separate schedule the cash flows from operating activities section The net income reported on the income statement for the current year was $125, 000. Depreciation recorded for the year was $22, 000. What is the amount of cash flows from operating activities that would appear on the statement of cash flows prepared by the indirect method? $125, 000 $128, 000 $140, 000 $147, 000