Items in Column A represent activities that may be reported on a statement of cash flows. For each item, select the appropriate category in which the transaction would be reported on the statement of cash flows under U.S. GAAP from the list provided. List Provided, Operating acitivity Investing activity Financing activity

Activity 1. Cash collections from customers (direct method) 2. Payments for purchase of property, plant, and equipment 3. Proceeds from sale of equipment 5. Redemption of bonds payable 6. Loss on sale of fixed assets (indirect method) 7. Issuance of common stock of the company 8. Decrease in accounts payable (indirect method) 9. Decrease in deferred taxes (indirect method) 10. Working capital loan received from a bank