Question: For each transaction above, indicate how it would affect the statement of cash flows using the indirect method. ( Select Not Reported if it is

 For each transaction above, indicate how it would affect the statement
For each transaction above, indicate how it would affect the statement of cash flows using the indirect method. (Select "Not
Reported" if it is not reported on the statement of cash flows. Select "Not Applicable" if it does not belong to any section.)
Carla Vista Corporation had the following transactions.
1.Sold land (cost $11,500) for $15,500.
2.Issued common stock at par for $20,000.
3.Recorded depreciation on buildings for $16,500.
4.Paid salaries of $8,500.
5.Issued 1,400 shares of $1 par value common stock for equipment worth $11,200.
6. Sold equipment (cost $9,600, accumulated depreciation $6,720) for $1,152.For each transaction above, indicate how it would affect the statement of cash flows using the indirect method. (Select "Not
Reported" if it is not reported on the statement of cash flows. Select "Not Applicable" if it does not belong to any section.)
of cash flows using the indirect method. (Select "Not Reported" if it

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