Brief Exercise 23-1 Novak Corporation is preparing its 2017 statement of cash flows, using the indirect method. Presented below is a list of items that may affect the statement. Using the code below, indicate how each item will affect Novak's 2017 statement of cash flows. Code Letter Effect A Added to net income in the operating section Deducted from net income in the operating section R-I Cash receipt in investing section P-I Cash payment in investing section R-F Cash receipt in financing section P-F Cash payment in financing section Noncash investing and financing activity N Purchase of land and building. (a) Decrease in accounts receivable. (b) Issuance of stock. (c) (d) Depreciation expense. (e) Sale of land at book value. ( Sale of land at a gain. Payment of dividends. (g) (h) Increase in accounts receivable. Purchase of available-for-sale debt investment. ) 0 ) Increase in accounts payable. (k) Decrease in accounts payable. () Loan from bank by signing note. (m) Purchase of equipment using a note. (n) Increase in inventory. (o) Issuance of bonds. Redemption of bonds payable. (p) Sale of equipment at a loss. (q) (r) Purchase of treasury stock