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Posted: March 7th, 2024

The following transactions and events occurred during the year.

The following transactions and events occurred during the year. Assuming that this company uses the direct method to report cash provided by operating activities, indicate where each item would appear on the statement of cash flows by placing an x in the appropriate column.NoncashNotStatement of Cash FlowsInvestingReported onOperatingInvestingFinancingand FinancingStatementActivitiesActivitiesActivitiesActivitiesOr in Notesa.Accepted six-month note receivable in exchange for plant assets_________________________b.Recorded depreciation expense_________________________c.Paid cash to acquire treasury stock_________________________d.Collected cash from sales_________________________e.Borrowed cash from bank bysigning a nine-month note payable_________________________f.Paid cash to purchase a patent ._________________________g.Retired long-term notes payable byissuing common stock_________________________h.Paid cash toward accounts payable_________________________i.Sold inventory for cash_________________________j.Paid cash dividend that was declared ina prior period_________________________

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