Question: statement of cash flows, using the indirect method. Decrease in accounts payable during a period Cash inflow-financing activity Declaration and payment of a cash dividend

statement of cash flows, using the indirect method. Decrease in accounts payable during a period Cash inflow-financing activity Declaration and payment of a cash dividend Added to net income Cash outflow-investing activity Loss on sale of land. Deducted from net income Proceeds from sale of equipment at book value. Cash inlow-investing activity Cash outflow-financing activity 5. Issuance of common stock for cash. 8 0

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