Question: Required: (do not enter dollar sign; do not add a comma when entering an amount; Amounts to be deducted should be indicated with a minus


Required: (do not enter dollar sign: do not add a comma when entoring an amount: Amounts to be deducted spould be indicated with a minus sign) tiemi I through 8 repeesent activibies that will be reperted in Patty's statement of cash flows for the year ended Decenber 31,2023 . The following two responses are required for each ilem: a. Determine the aniount that should be reported in Patty's 2023 statement of cath flows. b. Select the category (ie, O - Operating activity, I - livesting activity and F - Financing activity) in which the amount should be reported in the satement of eash flows. Following are sclected balance shoct accounts of Pany Corp, at December 31, 2023 and 2022, and the increases or decreases in each acecunt from 2022 to 2023, Also presented is selected incombe rtaenterit informatioa foe the year ended Deocreber 31, 2023, and additional isformation. Adifinimal Inficmation Additional leformation: 1. Aceounts receivable relate to sales of merchandise. 1. Dants 2023, equipment costing 565,000 was sold for cash c. During 2023, Patty issued a 20 No stock dividend (2.000 shares). The market price of the $1 par value common stoek was $13 per share at that time. Required ido not enter doliar signc do not add a comma when entering an amount, Amotints to be deductod should be indicated with a minus sign) Items 1 through b reprocht activibes that will be reported in Patry's stateenent of cash flows for the ycar ended December 31, 2023. The following two responses are required for each item: 2. Defiermise the amourt that dould be reported in Pattys 2023 statemet of cash flows. b. Select the catcgory (Le, O - Openatieg activity, I - Investing activity and F - Finusing activity) in which the amount should be reported in the starcment of cash fows
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