ip With Chegg 1 + es BE 13-1 Classifying cash flows Obj. 1 Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows: a. Purchase of investments b. Disposal of equipment Collection of accounts receivable Cash sales Issuance of bonds payable e. Payment for selling expenses Obj. 2 E 13-2 Adjustments to net income-indirect method ipley Corporation's accumulated depreciation-equipment account increased by $15,325 while 3,800 of patent amortization was recognized between balance sheet dates. There were no pur- or sales of depreciable or intangible assets during the year. In addition, the income state nts Reconcile a net income of $286,900