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Note that in the following statement of cash flows identifies a dollar amount and the letters (A) through (U) identify specific items which appear in

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Note that in the following statement of cash flows identifies a dollar amount and the letters (A) through (U) identify specific items which appear in the major sections of the statement prepared using the method. Statement of Cash Flows Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities: Add Deduct +X (A) Net cash provided by operating activities Cash flows from investing activities Inflows Outflows +X (C) -X (D) Net cash provided (used) by investing activities Cash flows from financing activities Inflows Outflows Net cash provided (used) by financing activities Net increase (decrease) in cash Footnote Section (G) Tastructions: For each of the following items, indicate by letter in the blank spacOS D or sections where the effect would be reported. Use the code (A through from abo . not required to be reported on the statement of cash flows, write the word "none" in the blank. A that generally accepted accounting principles have been followed in determining net income ar there are no short-term securities which are considered cash equivalents. 1. Gain on the Sale of Land 2. Depreciation Expense 3. Increase in Income Tax Payable 4. Amortization Expense. 5. Declaration of a Stock Dividend. 6. Decrease in Accounts Payable 7. Purchase of Available-for-Sale Securities. 8. Declaration of stock dividends (not yet issued). 9. Issued Preferred Stock. 10. Purchase of Equipment with a Notes Payable. llllllllll 11. Payment of Cash Dividends. 12. Increase in Inventory. 13. Trading securities are sold at a loss. 14. Loss on Disposal of Machinery 15. Purchase of Treasury Stock Decrease in Accounts Receivable

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