Please click on the attachment below as there are charts that I could not put in this description box. Thank You. 5 questions please answer ASAP last tutor didn't reply and the deadline went past due !

1. Identify whether each of the following items would appear in the operating, investing, or financing activities section of the statement of cash flows. Briefly explain your answer for each item. 1 2 3 4 5 Cash payments for the purchase of equipment Cash receipts from the sale of a building Cash payments for income taxes Cash receipts from issuance of bonds Cash receipts from the sale of common stock ! 2. Investing Activities Section. The following information is from the noncurrent asset portion of Ravalli LLC's balance sheet. The following activities occurred during 2017: Sold equipment with a book value of $46,000 (= $170,000 cost $124,000 accumulated depreciation) for $37,000 cash and depreciation expense for the year totaled $159,000 Purchased equipment for $310,000 cash No additional loans to other entities were made during the year (Hint: Solve for the principal amount on loans collected during the year.) Sold long-term investments with an original cost of $27,000 for $33,000 cash Required: 1 Prepare the investing activities section of the statement of cash flows for Ravalli LLC for the year ended December 31, 2017. Use the format presented in Figure 12.6 \"Investing Activities Section of Statement of Cash Flows (Home Store, Inc.)\". 2 How much cash was provided by (used by) investing activities? Briefly describe what this amount tells us about the company. 3. Financing Activities Section. The following information is from the noncurrent liabilities and owners' equity portions of Wolf Point, Inc.'s balance sheet. The following activities occurred during 2017: Paid principal amount of $20,000 for long-term notes payable Received $110,000 for long-term notes payable Paid principal amount on bonds totaling $33,000 Repurchased common stock for $60,000 cash Earned net income totaling $200,000 Paid cash dividends totaling $40,000 Required: 1 Prepare the financing activities section of the statement of cash flows for Wolf Point, Inc., for the year ended December 31, 2017. Use the format presented in Figure 12.7 \"Financing Activities Section of Statement of Cash Flows (Home Store, Inc.)\". 2 How much cash was provided by (used by) financing activities? Briefly describe what this amount tells us about the company. 4. Operating Activities Section Using the Indirect Method. The following income statement and current sections of the balance sheet are for Polson, Inc. ! ! Required: 1 Using the indirect method, prepare the operating activities section of the statement of cash flows for Polson, Inc., for the year ended December 31, 2017. Use the format presented in Figure 12.5 \"Operating Activities Section of Statement of Cash Flows (Home Store, Inc.)\". 2 How much cash was provided by (used by) operating activities? Briefly describe what this amount tells us about the company. 5. Prepare a Statement of Cash Flows, Indirect Method. Madison, Inc.'s most recent balance sheet, income statement, and other important information for 2017 are presented as follows. ! ! Additional data for 2017 are as follows: Sold equipment with a book value of $30,000 (= $40,000 cost $10,000 accumulated depreciation) for $28,000 cash Purchased equipment for $96,000 cash There were no sales of long-term investments (Hint: Solve for the purchase of long-term investments.) Issued bonds for $16,000 cash Repurchased common stock (treasury shares) for $45,000 cash Declared and paid $12,000 in cash dividends Required: 1 Use the four steps described in the chapter to prepare a statement of cash flows for the year ended December 31, 2017, using the indirect method. Refer to the format presented in Figure 12.8 \" Statement of Cash Flows (Home Store, Inc.)\". 2 Briefly describe the major changes in cash identified in the statement of cash flows