Consider the following transactions:

Indicate whether each transaction would represent an operating activity, an investing activity, or a financing activity for an indirect method statement of cash flows and the accompanying schedule of non-cash investing and financingactivities.

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a. Cash 72,000 Common Stock 72,000 b Treasury Stock 16,500 16,500 C. Cash 88,000 Sales Revenue 88,000 d. Land 103,000 Cash 103,000 e. Depreciation Expense- -Equipment 6,800 Accumulated Depreciation-Equipment 6,800 f.Dividends Payable 19,500 Cash 19,500 g. Land 22,000 Cash 22,000 h. Cash 9,600 Equipment 9,600 Bonds Payable 51,000 E. Cash 51,000 Building 137,000 Notes Payable k. Loss on Disposal of Equipment Equipment 137,000 1,800 200 Accumulated Depreciation-Equipment 2,000