Indicate where each item would appear on a statement of cash flows using the direct method by selecting an x in the appropriate column. Statement of Cash Flows Noncash Investing and Not Reported Operating Investing Financing Financing on Statement Activities Activities Activities Activities or in Notes a. Retired long-term notes payable by issuing common stock b. Paid cash toward accounts payable c. Sold inventory for cash d. Paid cash dividends 6. Accepted note receivable in exchange for plant assets t. Recorded depreciation expense 9. Paid cash to acquire treasury stock h. Collected cash from sales 1. Borrowed cash from bank by signing a nine-month note payable ). Paid cash to purchase a patent