The records of Mineola Limited provided the following data: a. Purchased capital asset for $ 170,000; paid cash. b. Purchased capital asset for $ 170,000; signed a long- term note with the vendor for $ 150,000 and paid $ 20,000 in cash. c. Sold a capital asset for $ 34,000 cash; original cost, $ 90,000, accumulated depreciation, $ 70,000. d. Sales revenue, $ 1,300,000; accounts receivable increased, $ 215,000. e. Wages expense, $ 168,000; wages payable increased, $ 10,000. f. Declared a cash dividend, $ 66,000; dividends payable decreased by $ 2,000. g. Borrowed $ 107,000 cash from the bank. h. Converted long- term bonds into common shares, $ 4,000,000. i. Paid a note payable, $ 150,000 principal plus $ 6,000 interest. j. Depreciation expense, $ 67,000. Required: For each of the above items, give: 1. The SCF category (operating, investing, financing), or indicate that the item is excluded from the SCF. 2. The item that would appear on the SCF (indirect presentation method for operatingactivities).
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