Question: Please answer will give thumbs up! Classify each of the statement of cash flows transactions listed below as: a. Operating activity-add to net income. b.

Please answer will give thumbs up!

Classify each of the statement of cash flows transactions listed below as: a. Operating activity-add to net income. b. Operating activity-deduct from net income. c. Investing activity. d. Financing activity, e. Not reported as a cash flow. (1) Depreciation of machinery (2) Payment of cash dividends (3) Purchase of treasury stock (4) Purchase of land and building (5) Amortization of patent (6) Decrease in accounts payable during the year (7) Issuance of bonds for plant assets (8) Sale of equipment at book value (9) Increase in accounts receivable during the year (10) Sale of land at a loss

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