Exercise 12-1 Indirect: Cash flow classification LO C1 2.75 points Indicate where each item would appear on a statement of cash flows using the indirect method by placing an X in the appropriate columns) (More than one column may be used.) Statement of Cash Flows Operating Activities Investing Activities Financing Activities Noncash Investing & Financing Activities Not Reported lon Statement or in Notes References a Declared and paid a cash dividend Recorded depreciation expense Pald cash to settle long term note payable d Prepaid expenses increased in the year Accounts receivable decreased in the year Purchased land by issuing common stock Inventory increased in the year Sold equipment for cash yielding a loss Accounts payable decreased in the year Income taxes payable increased in the year