1. a. Identify the following liabilities as Current (C) or Non-Current (N):

a.____ Note payable due in 18 months

b.____ Wages payable

c.____ Legal Liability

d.____ Portion of long-term debt note due in 10 months

e.____ FUTA taxes payable

f._____Current portion of long-term debt

Classify the following cash flows as either operating (O), investing (I), or financing (F) activities. Assume indirect method. received cash from long-term debt issuance. (Assume indirect method)

a. ____ Received cash from long-term debt issuance

b._____ Paid cash for a building

c._____ Paid short-term debt with cash

d._____Received cash from the sale of equipment

e._____Paid cash for utilities

f._____ Received payment on Accounts Receivable

g._____Cash Paid to purchase investments in securities

h._____ Paid long-term debt with cash