Consider the following business activities that occur at a Colorado ski area.
1. ______ Cash receipts from customers paying for daily ski passes.
2. ______ Payments made to purchase additional snow-making equipment.
3. ______ Payments made to repair the snow-grooming machines.
4. ______ Receipt of funds from the bank to finance the purchase of additional snow-making equipment.
5. ______ Issue of shares to raise funds for a planned expansion.
6. ______ Repayment of a portion of the bank loan (see item 4).
7. ______ Payment of salaries to the ski-lift operators.
8. ______ Payment of dividend to shareholders.

Instructions
Classify each of the above items by type of business activity: operating (O), investing (I), or financing (F).