#2 15 marks, suggested time 11 minutes For each item below, indicate in which category on the Statement of Cash Flows each activity should be classified: operating activities, investing activities, or financing activities. You must indicate whether the transaction will increase or decrease cash. Use brackets or a minus sign to indicate a cash outflow. The first transaction is completed for you. All questions must be answered on-line in the space provided. You can click on a grid to make the grid larger on your screen. Cash transactions activities activities activities Example: $1,000 was declared and paid for dividends. (1,000) $21,000 was received for the issue of common shares $16,000 was collected from customers for service work performed by the company on account last month. $12,000 was paid to purchase new equipment $3,000 was paid to the Regal Bank as part of the amount owing on a six month loan payable. $4,000 in salaries was paid to employees for work they did for the company