You are reviewing the following four items for possible inclusion in the statement of cash flows, direct method. 1. Expanded a building by paying cash to add a new wing 2. Issued bonds at a premium 3. Collected an account receivable 4. Purchased land by paying cash Required: a. For each item, determine whether or not the item is used in calculations on the statement of cash flows. b. If the item is included in the statement of cash flows, select the appropriate classification of the item from the pull-down menu and determine whether the item is a source of cash (cash inflow) or a use of cash (cash outflow)