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 X X e a. Paid cash to settle long-term note payable b. Sold merchandise to customer for cash c. Issued common stock for cash d. Received a cash dividend from investment Recorded depreciation expense f. Purchased land by issuing common stock 9. Prepaid expenses increased in the year h. Purchased a building with cash i. Accounts receivable decreased in the year 1. Inventory increased in the year X