State the section(s) of the statement of cash flows prepared by the indirect method (operating activities, investing activities, financing activities, or not reported) and the amount that would be reported for each of the following transactions: Note: Only consider the cash component of each transaction. Note: If an item should not be reported, select "Not reported" and leave amount cell blank or enter "0". a. Received $120,000 from the sale of land costing $70,000. $fill in the blank 2 $fill in the blank 4 b. Purchased investments for $75,000. $fill in the blank 6 c. Declared $35,000 cash dividends on stock. $5,000 dividends were payable at the beginning of the year, and $6,000 were payable at the end of the year. $fill in the blank 8 d. Acquired equipment for $64,000 cash. $fill in the blank 10 e. Declared and issued 100 shares of $20 par common stock as a stock dividend, when the market price of the stock was $32 a share. $fill in the blank 12 f. Recognized depreciation for the year, $37,000. $fill in the blank 14 g. Issued 85,000 shares of $10 par common stock for $25 a share, receiving cash. $fill in the blank 16 h. Issued $500,000 of 20-year, 10% bonds payable at 99. $fill in the blank 18 i. Borrowed $43,000 from Regional Bank, issuing a five-year, 8% note for that amount. $fill in the blank 20

State the section(s) of the statement of cash flows prepared by the indirect method (operating activities, investing activities, financing activities, or not reported) and the amount that would be...

State the section(s) of the statement of cash flows prepared by the indirect method (operating activities, investing activities, financing activities, or not reported) and the amount that would be reported for each of the following transactions:

Note: Only consider the cash component of each transaction.

Note: If an item should not be reported, select "Not reported" and leave amount cell blank or enter "0".

a.	Received $120,000 from the sale of land costing $70,000.	$fill in the blank 2
		$fill in the blank 4
b.	Purchased investments for $75,000.	$fill in the blank 6
c.	Declared $35,000 cash dividends on stock. $5,000 dividends were payable at the beginning of the year, and $6,000 were payable at the end of the year.	$fill in the blank 8
d.	Acquired equipment for $64,000 cash.	$fill in the blank 10
e.	Declared and issued 100 shares of $20 par common stock as a stock dividend, when the market price of the stock was $32 a share.	$fill in the blank 12
f.	Recognized depreciation for the year, $37,000.	$fill in the blank 14
g.	Issued 85,000 shares of $10 par common stock for $25 a share, receiving cash.	$fill in the blank 16
h.	Issued $500,000 of 20-year, 10% bonds payable at 99.	$fill in the blank 18
i.	Borrowed $43,000 from Regional Bank, issuing a five-year, 8% note for that amount.	$fill in the blank 20

Jun 09, 2022

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State the section(s) of the statement of cash flows prepared by the indirect method (operating activities, investing activities, financing activities, or not reported) and the amount that would be...

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