Indicate where each item would appear on a statement of cash flows using the direct method by selecting an x in the appropriate column. Statement of Cash Flows Operating Activities a. Accepted note receivable in exchange for plant assets b. Paid cash for interest owed c. Paid cash toward taxes owed d. Sold inventory for cash- e. Purchased land by issuing a note f. Recorded depreciation expense g. Collected cash from sales h. Paid cash toward accounts payable Reissued treasury stock for cash Paid cash to purchase a patent Investing Activities Financing Activities Noncash Investing and Financing Activities Not Reported on Statement or in Notes