Analysis of an income statement, balance sheets, and additional information from the accounting records of Gaming Strategies reveal the following items:
1. Collection of notes receivable.
2. Purchase of equipment.
3. Exchange of long-term assets.
4. Decrease in accounts payable.
5. Payment of dividends.
6. Purchase of a patent.
7. Depreciation expense.
8. Decrease in accounts receivable.
9. Issuance of note payable.
10. Increase in inventory.
Indicate in which section of the statement of cash flows each of these items would be reported: operating activities (indirect method), investing activities, financing activities, or noncash activities.

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The Answer of Analysis of an income statement, balance sheets, and additional information from the accounting records of Gaming Strategies reveal the following items:
1. Collection of notes receivable.
2. Purchase of equipment.
3. Exchange of long-term assets.
4. Decrease in accounts payable.
5. Payment of dividends.
6. Purchase of a patent.
7. Depreciation expense.
8. Decrease in accounts receivable.
9. Issuance of note payable.
10. Increase in inventory.
Indicate in which section of the statement of cash flows each of these items would be reported: operating activities (indirect method), investing activities, financing activities, or noncash activities.

Analysis of an Income Statement, Balance Sheets, and Additional Information