Presented below are several transactions that were completed during the year by Curves, a womens health club. Determine how each transaction will be reported in a statement of cash flow by selecting the letter abbreviation of the cash flow effect. Curves uses the indirect method to prepare its statement of cash flow.

Cash Flow Effects
A = Added in operating activity section	E = Inflow from financing activity
B = Subtracted in operating activity section	F = Outflow for financing activity
C = Inflow from investing activity	X = Not reported on the statement of
D = Outflow for investing activity	cash flow under the indirect method

Transactions
	Purchased equipment for cash		Interest payable increased
	Issued stock to investors		Paid cash dividends
	Increase in salaries payable		Repaid a mortgage bank loan
	Purchased inventory		Decrease in accounts payable
	Purchased a marketable security		Amortization expense recorded
	Sold machine for cash		Purchased a copyright
	Depreciation expense recorded		Salaries payable decreased