McTaggart-Hicks transactions as operating (O), investing (I), financing (F), non-cash investing and financing (NIF), or a transaction that is not reported on the statement of cash flows (N). Indicate whether each item increases (+) or decreases (€“) cash. The indirect method is used for operatingactivities.

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a. Sale of long-term investment b. Issuance of long-term note payable to borrow cash c. Increase in prepaid expenses d. Payment of cash dividend e. Loss of sale of equipment f. Decrease in merchandise inventory g. Acquisition of equipment by issuance of note payable h. Increase in accounts payable i. Amortization of intangible assets j. Net income k. Payment of long-term debt L. Accrual of salary expense m. Cash sale of land n. Purchase of long-term investment o. Acquisition of building by cash payment p. Purchase of treasury stock q. Issuance of common stock for cash r. Decrease in accrued liabilities s. Depreciation of equipment 9