Question: This is a 2-part question. Be sure to answer both parts!!!! Hi-Hat Inc. reported the following items in its Statement of Cash Flows presented using

This is a 2-part question. Be sure to answer both parts!!!!

Hi-Hat Inc. reported the following items in its Statement of Cash Flows presented using the indirect method. Indicate which section on a Statement of Cash Flows each item would be reported in (Financing, Investing, Operating) and whether the amount would be a positive (+) or negative (-) amount on the Statement of Cash Flows

  1. Issuance of common stock

  2. Sold equipment for cash

  3. Repayment of principal on long-term debt

  4. Loss on disposal of equipment

  5. Paid a cash dividend to stockholders

  6. Purchased equipment with cash

  7. Issuance of long-term debt

  8. Depreciation expense

  9. Cash from sale of building

  10. Interest paid on long-term note payable

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