The following transactions and events occurred during the year. Assuming that this company uses the indirect method to report cash provided by operating activities, indicate where each item would appear on its statement of cash flows by placing an X in the appropriate column(s). (More than one column may be used.) Statement of Cash Flows Noncash Investing & Not Reported on Statement or in Notes Transaction or Event a. Declared and paid a cash dividend b. Recorded depreciation expense c. Paid cash to settle long-term note payable d. Prepaid expenses increased in the year e. Accounts receivable decreased in the year f. Purchased land by issuing common stock 9.Inventory increased in the year h. Sold equipment for cash, yielding a loss LAccounts payable decreased in the year Income taxes payable increased in the year Operating Investing Financing Activities Activities Activities Financing Activities