Statement of Cash Flows Cash flows from operating activities Net income X Adjustments to reconcile net income to net cash provided by operating activities: Add +X (A) Deduct X (B) Net cash provided by operating activities X Cash flows from investing activities Inflows +X (C) Outflows X (D) Net cash provided (used) by investing activities X Cash flows from financing activities Inflows +X (E) Outflows X (F) Net cash provided (used) by financing activities X Net increase (decrease) in cash X Footnote Section (G) Instructions: For each of the following items, indicate by letter in the blank spaces below, the section or sections where the effect would be reported. Use the code (A through F) from above. If the item is not required to be reported on the statement of cash flows, write the word "none" in the blank. Assume that generally accepted accounting principles have been followed in determining net income and that there are no short-term securities which are considered cash equivalents. ____ 1. Gain on the Sale of Land ____ 2. Depreciation Expense ____ 3. Increase in Income Tax Payable ____ 4. Amortization Expense. ____ 5. Declaration of a Stock Dividend. ____ 6. Decrease in Accounts Payable ____ 7. Purchase of Available-for-Sale Securities. ____ 8. Declaration of stock dividends (not yet issued). ____ 9. Issued Preferred Stock. ____ 10. Purchase of Equipment with a Notes Payable. ____ 11. Payment of Cash Dividends. ____ 12. Increase in Inventory. ____ 13. Trading securities are sold at a loss. ____ 14. Loss on Disposal of Machinery ____ 15. Purchase of Treasury Stock ____ 16. Decrease in Accounts Receivable.