Indicate how each item should be classified in the statement of cash flows using these 4 major classification operating, indirect, investing, financing

sit View History Bookmarks Window Help Cloud Apple Google Bing Wikipedia Facebo Return to Blackboard ndt, Accounting Principles, 126 ts Exercise 17-2 An analysis of comparative balance sheets, the current year's income statement, and the general ledger accounts of Wellman Corp, uncovered the ndicate how each item should be classifed in the statement of cash flows using these four major classifications: operating activity (indlirect method (a) Payment of interest on notes payable. dy (b) Exchange of land for patent. (c) Sale of building at book value. (d) Payment of dividends. (e) Depreciation. t) Receipt of dividends on investment in stock (9) Recejpt of interest on notes receivable. 0h) Issuance of common stock ) Amortization of patent. ? asuance of tends for land [) Purchase of land co Conversion of bends into common stock, (m) The loss on the sale of land 18