Classification of Activities For each of the following activities, indicate whether it should appear on the statement of cash flows as an operating (O), investing (I), or financing (F) activity. Assume that the company uses the direct method of reporting in the Operating Activities section.

1. New equipment is acquired for cash.

2. Thirty-year bonds are issued.

3. Cash receipts from the cash register are recorded.

4. The biweekly payroll is paid.

5. Common stock is issued for cash.

6. Land that was being held for future expansion is sold at book value.