Indicate where each item would appear on a statement of cash flows using the indirect method by placing an X in the appropriate column(s). (More than one column may be used.) Statement of Cash Flows Noncash Investing & Financing Activities Not Reported on Statement or in Notes Operating Activities Investing Activities Financing Activities a. Declared and paid a cash dividend b. Recorded depreciation expense c. Paid cash to settle long-term note payable d. Prepaid expenses increased in the year e. Accounts receivable decreased in the year f. Purchased land by issuing common stock 9. Inventory increased in the year h. Sold equipment for cash, yielding a loss I. Accounts payable decreased in the year 1. Income taxes payable increased in the year Statement of Cash Flows Operating Activities Investing Activities Financing Activities Noncash Investing and Financing Activities Not Reported on Statement 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 e. Accepted note receivable in exchange for plant assets f. Recorded depreciation expense 9. Paid cash to acquire treasury stock h. Collected cash from sales I. Borrowed cash from bank by signing a nine-month note payable 1. Paid cash to purchase a patent