Matching and Identification (1 point each) Any given transaction may affect a statement of cash flows (using the indirect method) in one of more of the following ways: Cash flows from operating activities A. Net income will be increased or adjusted upward. B. Net income will be decreased or adjusted downward. Cash flows from investing activities C. Increase as a result of cash inflows. D. Decrease as a result of cash outflows. Cash flows from financing activities E. Increase as a result of cash inflows. F. Decrease as a result of cash outflows. Cash is not affected. G. Disclosed in the Schedule of Significant Investing and Financing Transactions. For each transaction listed below, list the letter or letters from above that describe(s) the effect of the transaction on a statement of cash flows for the year ending December 31, 2021. 1. Transaction Long-term investments which originally cost $10,000 are sold for $11,000 on December 1, 2021. 2. Amortization expense of $25,000 is recorded. 3. Treasury Stock is repurchased for $120,000. 4. Purchased long-term investments in the amount of $5,000. 5. Land is acquired through the issuance of bonds payable on July 1, 2021. 6. Accounts Payable decreased by $15,000. 7. Inventory decreased by $8,000. 8. Cash dividends of $7,000 are declared and paid. Cash Flow Effect