P45 Classifying inflows and outflows of cashClassify each of the following items as an inflow (I) or an outflow (O) of cash, or as neither (N).

Problem P4-5:
Item	Change	I/O	Item	Change	I/O
Cash	100		Accts. Rec.	-700
Accounts payable	-1000		Net profits	600
Notes payable	500		Depreciation	100
Long-term debt	-2000		Repurchase stk	600
Inventory	200		Cash dividends	800
Fixed assets	400		Sale of stock	1000