Question 12 Assume that the Fitzgerald Corporation uses the Indirect method to depict cash flows. Indicate where, if at all, a stock dividend declared and issued would be classified on the statement of cash flows. Investing activities section Operating activities section Financing activities section, Does not represent a cash flow. Question 13 Novak Corporation began business in 2020 by issuing 53000 shares of $5 par common stock for $6 per share and 5300 shares of 9%, $10 par preferred stock for par. At year end, the common stock had a market value of $10. On its December 31, 2020 balance sheet, Novak would report Common Stock of $530000. O Paid-in Capital of $524700 Common Stock of $265000. Common Stock of $318000