The statement of cash flows categorizes like transactions for optimal reporting. Identify each item bullet Operating activitylong dashaddition to net income (O+) or subtraction from net income (O-) bullet Investing activitylong dashcash inflow (I+) or cash outflow (I-) bullet Financing activitylong dashcash inflow (F+) or cash outflow (F-) bullet Non-cash investing and financing activity (NIF) bullet Activity that is not used to prepare the indirect statement of cash flows (N) as a(n): LOADING...(Click the icon to view the items.) The indirect method is used to report cash flows from operating activities. Question content area bottom Part 1 a. Loss on sale of land