Indicate where each item should be presented in the statement of cash flows (indirect method) using these four major classifications: operating activity (that is, the item would be listed among the adjustments to net income to determine net cash provided by operating activities under the indirect method) investing activity, financing activity, or significant noncash investing and financing activity.

(3) Exchange of land for patent. (bl Sale of building at book value. (c) Payment of dividends. (d) Depreciation. (e) Conversion of bonds into common stock. (f) Issuance of capital stock. (g) Amortization of patent. (h) Issuance of bonds for land. (ii Purchase of land. (ll Loss on disposal of plant assets. (k) Retirement of bonds