Question: From the following list, identify each item as operating (O), investing (I), financing (F), or not separately reported on the statement of cash flows (N).

From the following list, identify each item as operating (O), investing (I), financing (F), or not separately reported on the statement of cash flows (N).
________ Cost incurred to acquire copyright
________ Proceeds from sale of patent
________ Gain on sale of patent
________ Research and development costs
________ Amortization of patent

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