For each of the following, identify whether it would be disclosed as an operating
(O), financing
(F), or investing
(I) activity on the statement of cash flows under the indirect method.
a. Gain from sale of land
b. Paid dividends
c. Purchased equipment
d. Net income
e. Issued company's common stock
f. Amortization expense

Statement of Cash Flows

A financial document that provides detailed information about the cash inflows and outflows for a business over a specific period of time.

Operating

Pertaining to the core activities necessary for a business to function, including production, sales, and distribution.

Financing

The process of providing or securing funds for business activities, making purchases, or investing.