17-1A You are provided with the following transactions that tookplace during a r

17-1A You are provided with the following transactions that tookplace during a recent fiscal year. Transaction Where Reported onStatement Cash Inflow Outflow or No Effect? (a) Recordeddepreciation expense on the plant assets. (b) Recorded and paidinterest expense. (c) Recorded cash proceeds from a sale of plantassets. (d) Acquired land by issuing common stock. (e) Paid a cashdividend to preferred stockholders. (f) Distributed a stockdividend to common stockholders. (g) Recorded cash sales. (h)Recorded sales on account. (i) Purchased inventory for cash. (j)Purchased inventory on account. Hint: Distinguish among operatinginvesting and financing activities. (SO 2) Instructions Completethe table indicating whether each item (1) should be reported as anoperating (O) activity investing (I) activity financing (F)activity or as a noncash (NC) transaction reported in a separateschedule and (2) represents a cash inflow or cash outflow or hasno cash flow effect. Assume use of the indirect approach.