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Red Hot Chili Peppers Co. had the following activity in its most recent year of operations. Classify the items as (1) operating?add to net income;

Red Hot Chili Peppers Co. 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 noncash investing and financing activities. Use the indirect method.

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Red Hot Chili Peppers Co. had the following activity in its most recent year of operations. Classify the items as (1) operatingadd to net income; (2) operatingdeduct from net income; (3) investing; (4) nancing; or (5) signicant nonrash investing and nancing activities. Use the indirect method. Items (3) Purchase of equipment. (b) Redemption of bonds payable. :] (e) Exchange of equipment for furniture. :} (f) Issuance of common stock. :] (g) Amortization of intangible assets. :} (h) Purchase of treasury stock. :] (i) Issuance of bonds for land. :} (j) Payment of dividends. :} :1 m] (k) Increase in interest receivable on notes receivable. (I) Pension expense exceeds amount funded

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