1 Classify cash flows Lol A business enters into the following transactions: a Issued $250000 of ordinary shares in exchange for cash. b Borrowed $450000 from the bank. c Received $210000 in cash from accounts receivable. e Issued $50000 of ordinary shares upon conversion of convertible debentures (bonds) with a face value of $50000. f Declared and paid a cash dividend of $708000. g Sold an investment costing $10000 for $10000 in cash. Required Classify each of the preceding transactions as a cash inflow or a cash outflow from operating activities, investing activities or financing activities, or as a non-cash transaction