Wi-Fi, Inc., has the following selected transactions during the year.n 1. Issues $20 million in bonds.n 2.

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Question:

Wi-Fi, Inc., has the following selected transactions during the year.n
1. Issues $20 million in bonds.n
2. Purchases equipment for $80,000.n
3. Pays a $20,000 account payable.n
4. Collects a $15,000 account receivable.n
5. Exchanges land for a new patent. Both are valued at $300,000.n
6. Declares and pays a cash dividend of $100,000.n
7. Loans $50,000 to a customer, accepting a note receivable.n
8. Pays $75,000 to suppliers for inventory.n
n
Required:n
Indicate in which section of the statement of cash flows each of these items would be reported: operating activities (indirect method), investing activities, financing activities, or a separate noncash activities note.