Question 13 4.75 pts Under what section of the Statement of Cash Flows would you report the purchase of an long-term intangible asset such as a patent for cash? Notes: Noncash activity Financing o Operating O Leases Bonds Investing Question 14 4.7 On 1/1, the Bicycle Vending Machine Company purchased $10,000 of inventory on account. the Bicycle Vending Machine Company paid the invoice on 2/5, which account was debited? O Cost of goods sold O Inventory Accounts payable O Cash Accounts receivable O Revenue Question 18 4.75 pts When preparing the operating section of the cash flow statement using the indirect method, which of the following financial statements or sections in the financial statement are used? Long-term liabilities and stockholders' equity from the balance sheet. Income statement plus long-term assets from the balance sheet. Long-term assets from the balance sheet. Income statement plus current assets and current liabilities from the balance sheet. Question 20 4.75 pts Under what section of the Statement of Cash Flows would you report cash dividend payments on common stock? O Leases O Financing Non-Cash Event o Operating Investing O Bonds