Destiny Corporation is preparing its statement of cash flows by the indirect method. Destiny has the following items for you to consider in preparing the statement:
O + a. Increase in accounts payable
F - b. Payment of dividends
O - c. Decrease in accrued liabilities
F + d. Issuance of common stock
O - e. Gain on sale of building
O + f. Loss on sale of land
O + g. Depreciation expense
O - h. Increase in merchandise inventory
O + i. Decrease in accounts receivable
I - j. Purchase of equipment
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