In the following list, identify each item as operating (O), investing (I), fi nancing (F), or not separately reported on the statement of cash fl ows (N). For items identifi ed as operating, indicate...

In the following list, identify each item as operating (O), investing (I), fi nancing (F), or not separately reported on the statement of cash fl ows (N). For items identifi ed as operating, indicate whether the related amount would be added to or deducted from net income in determining the cash fl ows from operating activities. ____________ Decrease in taxes payable ____________ Increase in deferred taxes