Question: Cash Flows -Using the indirect method under GAAP, indicate whether each item listed is disclosed in the Operating Activities, Investing Activities, or Financing Activitiessection of

Cash Flows -Using theindirect methodunder GAAP, indicate whether each item listed is disclosed in the Operating Activities, Investing Activities, or Financing Activitiessection of the Statement of Cash Flows or use (NA) if the item does not appear on the statement. (Note: each item listed is exactly as it appears on the financial statements).

1. Proceeds from sale of company stock

Select one

Operating Activity

Investing Activity

Financing Activity

N/A

2. Principal payment on long-term debt

Select one

Operating Activity

Investing Activity

Financing Activity

N/A

3. Proceeds from sale of land

Select one

Operating Activity

Investing Activity

Financing Activity

N/A

4. Purchase of Machine

Select one

Operating Activity

Investing Activity

Financing Activity

N/A

5. Inventories (decrease)

Select one

Operating Activity

Investing Activity

Financing Activity

N/A

6. Proceeds from issuance of debt

Select one

Operating Activity

Investing Activity

Financing Activity

N/A

7. Accounts Payable (decrease)

Select one

Operating Activity

Investing Activity

Financing Activity

N/A

8. Depreciation

Select one

Operating Activity

Investing Activity

Financing Activity

N/A

9. Purchase of another company's stock

Select one

Operating Activity

Investing Activity

Financing Activity

N/A

10. Gain on the Sale of Equipment

Select one

Operating Activity

Investing Activity

Financing Activity

N/A

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