An analysis of comparative balance sheets, the current year’s income statement, and the general ledger accounts of Hailey Corp. uncovered the following items. Assume all items involve cash unless there is information to the contrary.

An analysis of comparative balance sheets, the current year’s income statement, and the general ledger accounts of Hailey Corp. uncovered the following items. Assume all items involve cash unless there is information to the contrary.

Indicate where each item should be presented in the statement of cash flows (indirect method) using these four major classifications: operating activity (that is, the item would be listed among the adjustments to net income to determine net cash provided by operating activities under the indirect method), investing activity, financing activity, or significant noncash investing and financing activity.

(a)
Exchange of land for patent.
select an option
(b)
Sale of building at book value.
select an option
(c)
Payment of dividends.
select an option
(d)
Depreciation.
select an option
(e)
Conversion of bonds into common stock.
select an option
(f)
Issuance of capital stock.
select an option
(g)
Amortization of patent.
select an option
(h)
Issuance of bonds for land.
select an option
(i)
Purchase of land.
select an option
(j)
Loss on disposal of plant assets.
select an option
(k)
Retirement of bonds.
select an option