Classification of Activities Indicate whether each of the following items should be classified as an operating, investing, or financing activity when reported in the statement of cash flows, classified in some other way, or excluded from the statement:

a. Payment of cash dividends on common stock.

b. Borrowing cash by issuing a long-term note.

c. Sale of a warehouse at book value.

d. Purchase of common stock of an affiliated company to obtain control of its operations.

. Interest payments on an outstanding long-term note.

. Collection of accounts receivable.

. Purchase of treasury stock.

. Conversion of outstanding bonds to shares of common stock.

i. Declaration (but not payment) of dividends on preferred stock.

j. Acquisition of land in exchange for common stock.

k. Purchase of operating equipment.