1.) Royer Corporation engaged in this transaction: Purchased one-year insurance policy for cash. Indicate which section, if any, each transaction would appear in, or relate to, on a statement of cash flows. Answer A.Does not represent a cash flow B.Financing activities section C.Operating activities section D.Investing activities section 2.)Royer Corporation engaged in this transaction: Paid income taxes. Indicate which section, if any, each transaction would appear in, or relate to, on a statement of cash flows. Answer A.Financing activities section B.Operating activities section C.Schedule of noncash investing and financing transactions D.Investing activities section 3.)Royer Corporation engaged in this transaction: Purchased land and building with a mortgage. Indicate which section, if any, each transaction would appear in, or relate to, on a statement of cash flows. Answer A.Financing activities section B.Operating activities section C.Investing activities section D.Schedule of noncash investing and financing transactions