06 Comprehension Problems CP 14-1 The following transactions were carried out by Crozier Manufacturing Limited. Required: Indicate into which category each transaction or adjustment is placed in the statement of cash flows: operating (O), financing (F), or investing (1) activities. 06 -A payment of $5,000 was made on a non-current bank loan. -Depreciation expense for equipment was $1,000. -$10,000 of common stock was issued for cash. ---Cash dividends of $2,500 were declared and paid to stockholders. A non-current bank loan was assumed in exchange for equipment costing$7,000. -Land was purchased for $25,000 cash. --$750 of accrued salaries was paid. --A $5,000 operating loan was obtained. The loan is due on demand and is an integral part of the company's cash management strategy. --$10,000 of accounts receivable was collected. --A building was purchased for $80,000: $30,000 was paid in cash and the rest was borrowed. --Land was sold for $50,000cash. -Equipment was sold for $6,000. The original cost was$10,000. The related accumulation depreciation was $3,000. -$1,200 cash was paid for a 12-month insurance policy to take effect next year. --A patent was amortized for$500