3 of 6 < > -/2 E Classify each of the following items as investing, financing, or operating activity: 1. Cash sale of merchandise 2. Repayment of bank loan 3. Purchase of inventory Operating Financing Operating 4. Sale of equipment for cash Investing 5. Payment of commission to a salesperson Operating 6. Payment of dividends Financing 7. Receipt of interest on accounts receivable Operating 8. Payment for insurance for the current year Financing 9. Purchase of shares in another company as a long-term investment Investing 10. Issue of debt Financing C