Wi-Fl, Incorporated, has the following selected transactions during the year. Required: Select the section of the statement of cash flows in which each of these items would be reported: operating activities (indirect method), investing activities, financing activities, or a separate noncash activities note. Gemstone Suppliers reports net income of $147,000. Included in net income is a gain on the sale of land of $11,000. A comparison of this year's and last year's balance sheets reveals an increase in accounts recelvable of $17,000, an increase in inventory of $11,000, and a decrease in accounts payable of $37,000. Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Hardware Distributors reports net income of $45,000. Included in that number is depreciation expense of $5,000 and a loss on the sale of land of $4,000. A comparison of this year's and last year's balance sheets reveals a decrease in accounts receivable of $15,000, a decrease in inventory of $10,000, and an increase in accounts payable of $35,000. Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) The balance sheets for Plasma Screens Corporation, along with additional information, are provided below: Additional Information for 2024 : 1. Net income is $65,000. 2. The company purchases $106,000 in equipment. No equipment was sold. 3. Depreciation expense is $158,000. 4. The company repays $112,500 in notes payable. 5. The company declares and poys a cash dividend of $23,000. Required: Prepare the statement of cash flows using the indirect method. (Amounts to be deducted, cash outflows, and any decrease in cash should be indicated with a minus sign.)