Problem 2 (7 points) For each item listed below, indicate which section activity) of the cash flow statement the item should be reported on as well as the amount. Section Amount 1. Declared cash dividends totaling $180,000 during the current year. The comparative balance sheet indicates dividends payable of $30,000 at the beginning of the year and $10,000 at the end of year. 2. Factory Equipment was sold for $240,000 during the year. 3. Issued 100,000 shares of $10 par common stock for $25 per share 4. Depreciation expense from the income statement was $25,000 5. Bonds Payable of $45,000 was paid in full. (Bonds payable is Long-Term Debt)