Check my work Indicate where each item would appear on a statement of cash flows using the indirect method by placing an X in the appropriate column(s) (More than one column may be used.) Statement of Cash Flows Operating Investing Financing Activities Activities Activities Noncash Investing & Financing Activities Not Reported on Statement or in Notes a. Purchased treasury stock with cash b. Recorded depreciation expense c. Issued bonds in return for cash d. Prepaid expenses increased in the year e. Accounts receivable decreased in the year 1. Retired bonds payable by issuing stock g. Inventory increased in the year h Sold land in return for cash