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Business, 20.04.2020 21:01 haleyblu6351

Analysis of an income statement, balance sheet, and additional information from the accounting records of Gadgets, Inc., reveals the following items. Required:

1. Purchase of patent
2. Depreciation expanse
3. Decrease in account receivable
4. Increase in inventory
5. purchase of equipment

Indicate on which section of statement of the cash flow each of the item shoul be reported: operating activities (indirect method), investing activities, financing activities, or a separate noncash activities note.

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