Novak Corporation is preparing its 2014 statement of cash flows, using the indirect method Presented below is a list of items that may affect the statement Using the code below, indicate how each item will affect Novaks 2014 statement of cash flows Code Letter Effect A Added to net income in the operating section D Deducted from net income in the operating section R I Cash receipt in investing section P I Cash payment in investing section R F Cash receipt in financing section P F Cash payment in financing section N Noncash investing and financing activity (a) Purchase of land and building AR I and DR IR F and ADR F and DP FP IR FNR I and A (b) Decrease in accounts receivable R F and AR FNR I and DR I and ADR F and DAP FR IP I (c) Issuance of stock R FAR IDP FR F and AP IR F and DNR I and DR I and A (d) Depreciation expense R IP FP IR F and DR FNR F and AR I and AR I and DAD (e) Sale of land at book value R F and DP IADR FR IP FNR I and DR I and AR F and A (f) Sale of land at a gain DR I and DNR IR FR F and AR I and AR F and DP IAP F (g) Payment of dividends R I and AP IP FDNAR I and DR IR FR F and DR F and A (h) Increase in accounts receivable R F and ANAP FP IR FR I and DR IR I and AR F and DD (i) Purchase of available for sale investment ADR I and DR I and AR F and DR F and AP FR FNR IP I (j) Increase in accounts payable R F and DDR F and AAR IP IR FNR I and DP FR I and A (k) Decrease in accounts payable R I and DNP FR F and AR IR I and AR F and DDAP IR F (l) Loan from bank by signing note R I and DR I and ANP IDP FR F and DR F and AAR IR F (m) Purchase of equipment using a note R F and DP IR FR I and ANR F and AP FR IR I and DAD (n) Increase in inventory NR IP FR FP IDR I and DR I and AAR F and AR F and D (o) Issuance of bonds AP FR F and DNR I and DR F and ADR FR IP IR I and A (p) Redemption of bonds payable R I and DR I and AR IR F and DP FR F and ADP IANR F (q) Sale of equipment at a loss R F and DNR F and AR I and DADR I and AR FR IP IP F (r) Purchase of treasury stock

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Novak Corporation is preparing its 2014 statement of cash flows, using the indirect method. Presented below is a list of items that may affect the

Novak Corporation is preparing its 2014 statement of cash flows, using the indirect method. Presented below is a list of items that may affect the statement. Using the code below, indicate how each item will affect Novaks 2014 statement of cash flows.

Code Letter		Effect
A		Added to net income in the operating section
D		Deducted from net income in the operating section
R-I		Cash receipt in investing section
P-I		Cash payment in investing section
R-F		Cash receipt in financing section
P-F		Cash payment in financing section
N		Noncash investing and financing activity

(a)	Purchase of land and building.	AR-I and DR-IR-F and ADR-F and DP-FP-IR-FNR-I and A
(b)	Decrease in accounts receivable.	R-F and AR-FNR-I and DR-I and ADR-F and DAP-FR-IP-I
(c)	Issuance of stock.	R-FAR-IDP-FR-F and AP-IR-F and DNR-I and DR-I and A
(d)	Depreciation expense.	R-IP-FP-IR-F and DR-FNR-F and AR-I and AR-I and DAD
(e)	Sale of land at book value.	R-F and DP-IADR-FR-IP-FNR-I and DR-I and AR-F and A
(f)	Sale of land at a gain.	DR-I and DNR-IR-FR-F and AR-I and AR-F and DP-IAP-F
(g)	Payment of dividends.	R-I and AP-IP-FDNAR-I and DR-IR-FR-F and DR-F and A
(h)	Increase in accounts receivable.	R-F and ANAP-FP-IR-FR-I and DR-IR-I and AR-F and DD
(i)	Purchase of available-for-sale investment.	ADR-I and DR-I and AR-F and DR-F and AP-FR-FNR-IP-I
(j)	Increase in accounts payable.	R-F and DDR-F and AAR-IP-IR-FNR-I and DP-FR-I and A
(k)	Decrease in accounts payable.	R-I and DNP-FR-F and AR-IR-I and AR-F and DDAP-IR-F
(l)	Loan from bank by signing note.	R-I and DR-I and ANP-IDP-FR-F and DR-F and AAR-IR-F
(m)	Purchase of equipment using a note.	R-F and DP-IR-FR-I and ANR-F and AP-FR-IR-I and DAD
(n)	Increase in inventory.	NR-IP-FR-FP-IDR-I and DR-I and AAR-F and AR-F and D
(o)	Issuance of bonds.	AP-FR-F and DNR-I and DR-F and ADR-FR-IP-IR-I and A
(p)	Redemption of bonds payable.	R-I and DR-I and AR-IR-F and DP-FR-F and ADP-IANR-F
(q)	Sale of equipment at a loss.	R-F and DNR-F and AR-I and DADR-I and AR-FR-IP-IP-F
(r)	Purchase of treasury stock.