4) For each of the transactions listed below, indicate whether it is an investing (I) or financing (F) activity on the statement of cash flows. Also, indicate if the transaction increases (+) or decreases () cash.

Transaction	Type of Activity	Effect on Cash
Example: Paid dividends to the owners	F	-
A. Purchased equipment to use in the business.
B. Issued stock for cash.
C. Borrowed money at the bank.
D. Sold a piece of land adjacent to the plant.
E. Paid the principal balance of a note payable.