Exercise 12-1 (Algo) Indirect: Classifying Cash flows LO C1 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). Note: More than one column may be used.

\begin{tabular}{|c|c|c|c|c|c|} \hline & \multicolumn{3}{|c|}{ Statement of Cash Flows } & \multirow{2}{*}{\begin{tabular}{c} Noncash \\ Investing \& \\ Financing \\ Activities \end{tabular}} & \multirow{2}{*}{\begin{tabular}{l} Not Reported \\ on Statement \\ or in Notes \end{tabular}} \\ \hline & \begin{tabular}{l} Operating \\ Activities \end{tabular} & \begin{tabular}{l} Investing \\ Activities \end{tabular} & \begin{tabular}{l} Financing \\ Activities \end{tabular} & & \\ \hline a. Issued bonds in return for cash & & & x & & \\ \hline b. Inventory increased in the year & x & & & & \\ \hline c. Declared and paid a cash dividend & ? & & x & & \\ \hline d. Recorded depreciation expense & x & & & & \\ \hline e. Prepaid expenses increased in the year & x & & & & \\ \hline f. Purchased equipment by issuing a note & & & & & \\ \hline g. Accounts receivable decreased in the year & x & & & & \\ \hline h. Purchased a trademark with cash & & x & & & \\ \hline i. Received a cash dividend from investment & & & x & & \\ \hline j. Accounts payable decreased in the year & x & & & & \\ \hline \end{tabular}