QUESTION $26$

Use the following legend to indicate how each of the following transactions would be reported on the statement of cash flows $($assume

that the company uses the direct method in the Operating Activities section$)$:

$10=$ Inflow from operating activities

OO $=$ Outflow from operating activities

II $=$ Inflow from investing activities

OI $=$ Outflow from investing activities

IF $=$ Inflow from financing activities

OF $=$ Outflow from financing activities

NR $=$ Not reported in the body of the statement of cash flows but included in a supplemental schedule.

Paid interest on bonds payable

OF

$00$

OI

NR