View Policies Current Attempt in Progress Bobby Baretta Industries Ltd. a private company reporting under ASPE had the following selected transactions during its first year of operations In the first column Classify cach of the transactions listed below as an operating investing financing significant noncash Investing and financing activity or not applicable to the cash flow statement thi In the second column, indicate whether each of the transactions listed below would increase, decrease or have no effect on Baretta's cash flow Classification Effect on Cash Flow 1 serifcant Noncath. Investing and Financing Activity 2 Not Applicable Operating Investing Financing 3 Issued common shares Purchased factory equipment with some of the proceeds from the shares. Issued preferred shares in exchange for land and a factory building Paid salaries to administrative staff Purchased materials inventory All inventory goes through accounts payable. Collected 95% of accounts receivable Purchased a short-term investment in bonds Received interest on long term investment in bonds 5 6 7 8 Made a principal payment on a mortgage Question 1 of 2 > -/5 E Liassinication can Pow 1 2 2. . No Effect Increase Decrease 3 4. 5. . 6. 7 Issued common shares Purchased factory equipment with some of the proceeds from the shares, Issued preferred shares in exchange for land and a factory building Pald salaries to administrative staff, Purchased materials inventory. All inventory goes through accounts payable. Collected 95% of accounts receivable, Purchased a short-term investment in bonds. Received interest on long-term investment in bonds Made a principal payment on a mortgage. Purchased a trading investment Reacquired some common shares Recorded depreciation expense. Proceeds from the sale of old equipment. Declared and paid cash dividends. 8 . 9. 10 . 11 12 . 13 . 14 15 Issued a 2-for-1 stock split