Refer to AP2€“ 3.

In Refer 3

Gildan Active wear Inc. specializes in manufacturing and selling T-shirts, sport shirts, and fleece. The following is adapted from a recent statement of financial position dated September 30, 2012. Amounts are in thousands of dollars:

Assume that the following transactions occurred in the first quarter of fiscal year 2013, ended on December 31, 2012:
a. Received $ 630 on sale of intangibles at cost.
b. Paid $ 14,000 in principal on long-term debt.
c. Purchased $ 3,400 in non- current investments for cash.
d. Sold equipment at its cost for $ 600 cash.
e. Purchased additional intangibles for $ 5,400 cash.
f. Issued additional shares for $ 1,500 in cash.
g. Purchased property, plant, and equipment; paid $ 12,450 in cash and $ 9,400 with additional long-term bank loans.
h. Sold other non- current assets at cost for $ 310 cash.
i. Declared and paid $ 9,000 in dividends to shareholders.
Required:
Using transactions (a) through (i) in AP2€“ 3, indicate whether each transaction is an investing (I) or financing (F) activity for the year and the direction of the effect on cash flows (1 for increase and 2 for decrease). Indicate no effect on cash flows related to investing or financing with NE.

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Cash and cash equivalents $70,410 Accounts payable and accrued 256,442 liabilities Accounts receivable Inventories Prepaid expenses Other current assets Property, plant, and equipment, n Intangible assets Goodwill Other non-current assets 260,948 Long-term debt 553,068 Long-term provisions 181,000 13,042 19,612 14,451 16,723 552,437 259,981 141,933 26,486 Other long-term liabilities Contributed capital 101,113 1,306,724 Retained earnings Other components of equity 18,504