Springsteen Co. had the following activity in its most recent year of operations. (a) Pension…

Springsteen Co. had the following activity in its most recent year of operations. (a) Pension expense exceeds amount funded. (g) Amortization of intangible assets. (b) Redemption of bonds payable. (h) Purchase of treasury shares. (c) Sale of building at book value. &
Springsteen Co. had the following activity in its most recent year of operations. (a) Pension expense exceeds amount funded. (g) Amortization of intangible assets. (b) Redemption of bonds payable. (h) Purchase of treasury shares. (c) Sale of building at book value. (i) Issuance of bonds for land. (d) Depreciation. (j) Payment of dividends. (e) Exchange of equipment for furniture. (k) Increase in interest receivable on notes receivable. (f) Issuance of ordinary shares. (l) Purchase of equipment. Instructions Classify the items as (1) operatingadd to net income, (2) operatingdeduct from net income, (3) investing, (4) financing, or (5) significant non-cash investing and financing activities. Use the indirect method.

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