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). (More than one column may be used.) a. Issued common stock for cashi b. Accounts receivable decreased in the year c. Purchased treasury stock with cash d. Inventory increased in the year e. Accounts payable decreased in the year f. Retired bonds payable by issuing stock g. Income taxes payable increased in the year h. Sold land in return for cash i. Sold merchandise to customer for cash j. Received a cash dividend from investment Statement of Cash Flows Operating Investing Financing Activities Activities Activities Noncash Investing & Financing Activities Not Reported on Statement or in Notes