Question 31 (12 points) Saved For each of the following independent transactions, you are to indicate, using the table on the next page, how the item(s) would be reflected on the Cash Flow Statement. That is, (i) whether the item is an increase or decrease in cash and the dollar amount, and (ii) in which category or categories the item should be classified: operating, investing, or financing. If the item does not affect the Cash Flow Statement indicate so in the last column "Other" by noting "No Effect". a) Land was purchased for $75,000. b) Building that had cost $80,000 and had accumulated depreciation of $15,500 was sold for a gain of $5,000. c) A payment of $23,000 was made on a note payable d) Inventory increased by $25,000 e) Accounts payable increased by $5,000 f) Land was purchased for $180,000 by issuing common shares.