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Red Hot Chili Peppers Ca had the following activity in its most recent year of operations Classify the items as (1) operating-add to net income,

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Red Hot Chili Peppers Ca had the following activity in its most recent year of operations Classify the items as (1) operating-add to net income, (2) operating-deduct from net income, (3) investing (4) financing or (5) significant noncach investing and financing activities. Use the Indirect method Items (a) Purchase of equipment. (b) Redemption of bonds payable la Sale of building Depreciation Exchange of equipment for furniture on issuance of common stock Amortization of intangible assets. Chi Purchase of treasury stock Issuance of bonds for land. 00 0 Payment of dividends. increase in interest receivable on notes receivable Pension expense exceeds amount funded

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