urred during the year. Assuming that this item method to report cash provided by operating activities, indicate where each icompany e placing an x in the appropriate column. The following transactions and events occ EXERCISES would atce its statement of cash flows by Exercise 12-1 Indirect: Cash fow Noncash Statement of Cash Flows Net Investing Reportedn Operating Investing Financing and Finan Activities Activities Activities Activities r in No a Declared and paid a cash dividend b Recorded depreciation expense Changes in c c. Paid cash to settle long-term note payable. d. Prepaid experses increased in the year e. Accounts receivable decreased in the year Purchased land by issuing common stock Accounts re Inventory Required h Sold equipment for cash, yielding a loss t Accounts payable decreased in the year Income taxes payable increased in the year.... Prepare on direct met Fitz Com activities