EACH SITUATION CAN HAVE TWO $(2)-$ ONLY.

ONE $(1)$ IN ANY OF THE STATEMENT OF CASH FLOW SECTIONS, AND ONE

$(1)$ INEITHER "EFFECT ON CASH" OR "NON$-$CASH TRANSACTION".

STATEMENT OF CASH FLOW

SECTIONS

Situation

A$.$ Paying of accounts pavable

B$.$ Issuance of bonds for cash

C$.$ Sale of land for cash

D$.$ Retirement of common stock with cash

E$.$ Acquired land for common steck

F$.$ Dividend payment to common stockholders.

SECTIONS

Operating Investing Financing

Effect on Cash

Non$-$cash

Transaction

C$.$ Sale of land for

D$.$ Retirement of

E$.$ Acquired land for common stgek

F$.$ Dividend