Carter-Pierce Investments specializes in low-risk government bonds. Identify each of Carter-Pierce's transactions as operating (O), investing (I),

Question:

Carter-Pierce Investments specializes in low-risk government bonds. Identify each of Carter-Pierce's transactions as operating (O), investing (I), financing (F), non-cash investing and financing (NIF), or a transaction that is not reported on the statement of cash flows (N). Indicate whether each item increases (+) or decreases (-) cash. The indirect method is used for operating activities.
__ a. Acquisition of building by cash payment
__ b. Decrease in merchandise inventory
__ c. Depreciation of equipment
__ d. Decrease in accrued liabilities
__ e. Payment of cash f. Purchase of long-term investment
__ g. Issuance of long-term note payable to borrow cash
__ h. Increase in prepaid expenses
__ i. Accrual of salary expense
__ j. Acquisition of equipment by issuance of note payable
__ k. Sale of long-term investment
__ l. Issuance of common share for cash
__ m. Increase in n. Amortization of
__ o. Loss on sale of equipment
__ p. Payment of long-term debt
__ q. Cash sale of land
__ r. Repurchase of common shares
__ s. Net income
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