The following transactions and events occurred during the year. Assuming that this company uses the...

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The following transactions and events occurred during the year. Assuming that this company uses the direct method to report cash provided by operating activities, select where each item would appear on the statement of cash flows. a. Paid cash to acquire land b. Paid cash for interest owed c. Sold a building for cash d. Paid cash to purchase a patent e. Collected cash from sales f. Paid cash to acquire treasury stock 9 Sold inventory for cash h. Borrowed cash from bank by signing a nine-month note payable i. Collected principal on notes receivable Recorded depreciation expense

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